Which of the Following Is NOT a Way That Specificity

question 19

Multiple Choice

Which of the following is NOT a way that specificity in functional tactics contributes to successful implementation?

• A) Helping ensure that functional managers know what needs to be done and can focus on accomplishing results
• B) Limiting the need for top management's confidence in and sense of control over the business strategy
• C) Clarifying for top management how functional managers intend to accomplish the business strategy
• D) Facilitating coordination among operating units within the firm by clarifying areas of interdependence and potential conflict

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Definitions:

Bonds Payable

Bonds payable are long-term liabilities representing money a company must pay back to bondholders, typically at specified interest rates and dates.

Consolidated Financial Statements

Financial reports that combine the accounting and financial information of a parent company and its subsidiaries into one set of statements.

Retained Earnings

The portion of a company's profits not distributed to shareholders as dividends but retained for reinvestment in the business or to pay off debt.

Convertible

A financial instrument, like a bond or preferred stock, that can be converted into another type of instrument, typically shares of the company's common stock.