A Company's Ability to Marshal Adequate Resources in Support of New

question 107

Multiple Choice

A company's ability to marshal adequate resources in support of new strategic initiatives and steer them to the appropriate organizational units is important to the strategy execution process because

• A)a change in strategy nearly always calls for budget reallocations and resource shifting.
• B)accurate budgets are the key to exercising tight financial controls over organizational units.
• C)tight budget control is management's most powerful tool for first-rate strategy execution.
• D)lean,carefully managed budgets protect the company's financial condition and eliminate wasteful use of cash.
• E)lean,strictly enforced budgets are management's best and most used means of getting organizational units to exercise fiscal discipline.

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