The Principal Managerial Actions and Initiatives Undertaken in the Strategy

question 22

Multiple Choice

The principal managerial actions and initiatives undertaken in the strategy execution process include which of the following?

• A) building an organization with the capabilities,people,and structure needed for execution
• B) instituting policies and procedures that facilitate rather than impede effective strategy execution
• C) allocating ample resources to required activities
• D) tying rewards directly to the achievement of performance objectives
• E) all of these choices are correct.

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Definitions:

Accounts Payable

Financial obligations or debts owed by a company to its creditors or suppliers for goods and services received.

Net Income

Refers to the total profit of a company after all expenses and taxes have been subtracted from revenue.

Sales Decrease

A reduction in the amount of products or services sold by a business over a given period.

Full Capacity

The highest amount of products or services a business can consistently generate during a specific timeframe under standard conditions.