Excellent Execution of an Excellent Strategy Is

question 48

Multiple Choice

Excellent execution of an excellent strategy is:

• A) the best test of managerial excellence and the best recipe for making a company a standout performer.
• B) a solid indication that managers are maximizing profits and looking out for the best interests of shareholders.
• C) the best test of whether a company is a "true" industry leader.
• D) the best evidence that managers have a winning business model.
• E) the best test of whether a company enjoys sustainable competitive advantage.

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Definitions:

Power Distribution

The way authority and control are allocated among individuals or groups within an organization or society, influencing decision-making and resource allocation.

Formal Authority

The power granted to individuals or positions within an organization officially recognized by titles and duties.

Transcend Self-interest

The act of going beyond one's own personal needs or desires to consider and act in accordance with the needs and well-being of others.

Performance Standards

Explicit benchmarks, criteria, or specific targets against which the actual performance of an individual, group, or organization can be measured.