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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Definitions:

Primates

The mammalian order encompassing humans, apes, monkeys, and prosimians, characterized by large brains, forward-facing eyes, and complex social behaviors.

Social Perspective

A viewpoint that focuses on the behavior of individuals as influenced by the social structures and cultural norms within which they operate.

Primate Species

Members of the mammalian order Primates, which includes humans, apes, monkeys, and prosimians like lemurs and tarsiers.

Extinction

The permanent loss of a species or other taxonomic unit of organisms, typically a result of habitat destruction, predation, competition, or catastrophic environmental change.