Building an Organization Capable of Good Strategy Execution Entails

question 78

Multiple Choice

Building an organization capable of good strategy execution entails

• A)staffing the organization,building core competencies and competitive capabilities,and structuring the organization and work effort.
• B)decentralizing authority for performing strategy-critical value chain activities,establishing at least two distinctive competencies,and hiring talented employees.
• C)investing heavily in employee training,using an empowered organization design and structure to maximize labor productivity,and employing effective incentive compensation systems.
• D)centralizing authority in the hands of a chief strategy implementer so as to create the leadership authority for driving implementation forward at a rapid pace.
• E)empowering employees,maximizing internal operating efficiency,and optimizing core competencies.

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Definitions:

Federal Depository Bank

A Federal Depository Bank is a financial institution authorized by the federal government to hold and manage the funds of the U.S. Treasury and other government entities.

Overdue Account Payable

An obligation owed by a company to a supplier for which payment has not been made within the agreed upon timeframe.

Note Payable

A written promise to pay a certain amount of money, often bearing interest, by a specified date to the holder of the note.

FICA Taxes

Taxes imposed on both employees and employers to fund Social Security and Medicare programs, based on earned wages.