Which of the Following Managerial Actions and Initiatives Are Not

question 44

Multiple Choice

Which of the following managerial actions and initiatives are not considered to be part of the strategy execution process?

• 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)Deciding which core competencies and value chain activities to leave as is and which ones to overhaul and improve

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Definitions:

Net Realizable Value

The estimated selling price in the ordinary course of business minus any costs necessary to make the sale.

LIFO

Last In, First Out, an inventory valuation method where the last items added to inventory are assumed to be the first ones removed, affecting cost of goods sold and inventory value.

Lower-Of-Cost-Or-Market

An accounting principle stating that inventory should be recorded at the lower of its historical cost or its current market price.

LIFO

Last In, First Out, a stock valuation approach that accounts for the most newly manufactured goods as being sold before all others.