Proficient Strategy Execution

question 15

Multiple Choice

Proficient strategy execution

• A) is always the product of much organizational learning.
• B) is achieved unevenly,coming quickly in some areas and more slowly in others.
• C) entails vigilantly searching for ways to improve performance.
• D) is an ongoing process,not an every-now-and-then task.
• E) All of these choices are correct.

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Definitions:

Strategic Management Process

A continuous practice that involves planning, monitoring, analyzing, and assessment of all that is necessary for an organization to meet its goals and objectives.

Corrective Action

Measures taken to rectify a fault or reduce the likelihood of its recurrence in the future. Often used in the context of quality management and compliance.

Strategic Competitive Advantage

A condition that differentiates a business from its competitors, allowing it to generate greater sales or margins and/or retain more customers.

Speed

Refers to the rate at which an activity or process is carried out or completed.