Once Company Managers Have Decided on a Strategy,the Emphasis Turns

question 64

Multiple Choice

Once company managers have decided on a strategy,the emphasis turns to

• A)converting the strategy into actions and good results.
• B)empowering employees to revise and reorganize value chain activities to match the strategy.
• C)establishing policies and procedures that instruct company personnel in the ways and means of executing the strategy.
• D)developing a detailed implementation plan that sets forth exactly what every department and every manager needs to do to proficiently execute the company's strategy.
• E)building the core competencies and competitive capabilities needed to execute the strategy.

---

Definitions:

APR Discount Rate

The annual percentage rate that represents the actual yearly cost of funds over the term of a loan, including any fees or additional costs associated with the transaction.

Monthly Payments

Regular payments made over a specified period of time towards the settlement of a debt obligation, typically calculated on an amortization schedule.

Compounding Frequency

Compounding frequency refers to the number of times per year that earned interest is added to the principal balance of an investment, affecting the total interest earned over time.

APR Interest

Annual Percentage Rate; a measure that reflects the total interest to be paid on a loan, mortgage, credit card, or other financial product, factored as an annual rate.