Strategy Implementation Can Be the Most Difficult Part of the Strategic

question 49

Multiple Choice

Strategy implementation can be the most difficult part of the strategic management process.Which of the following is not likely to be a cause of implementation failure?

• A) leadership
• B) competition
• C) coordination and integration of activities within and outside of the firm
• D) organizational commitment to excellence

---

Definitions:

Spending Variance

Spending variance is the difference between the actual amount spent and the amount budgeted or expected to be spent.

Budgeting

The process of creating a plan to spend your money, setting forth projected revenues and expenses for a future period.

Planning Budget

A financial plan that estimates the revenue, costs, and resources required over a certain period, often used for guiding business strategy and operations.

Other Expenses

Costs not directly related to production or operations, such as administrative and marketing expenses.