An initial step that companies typically take in launching the strategy execution process is often to

A. ensure all requirements of the value chain are fulfilled.
B. strive to be more profitable than rivals and aim for a competitive edge based on bigger profit margins.
C. form a mission statement as a basis for managers to achieve organizational objectives.
D. put together a talented management team with the right mix of experiences, skills, and abilities to get things done.
E. go on the offensive by employing moves to make its product offering more distinctive and appealing to buyers.


Answer: D

Business

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Under the _________________________, firms begin with net income to calculate cash flow from operations for the period

Fill in the blank(s) with correct word

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A bank that helps a company finance transactions is both a financial intermediary and a financial public

Indicate whether the statement is true or false

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What are the differences between nonquantitative and quantitative forecasting methods? Describe the two types of nonquantitative methods.

What will be an ideal response?

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All of the following statements regarding other comprehensive income are true except:

A. Other comprehensive income includes foreign currency adjustments. B. Other comprehensive income is added or subtracted to net income to determine comprehensive income. C. Other comprehensive income is not considered when calculating comprehensive income. D. Accumulated other comprehensive income is defined as the cumulative impact of other comprehensive income. E. Other comprehensive income includes unrealized gains and losses on available-for-sale securities.

Business