The first step of strategy implementation is
A. drafting detailed action plans that specify how the strategy is to be implemented.
B. establishing a timetable for implementation with precise, measurable goals.
C. allocating responsibility for implementation to the appropriate individuals or groups.
D. allocating appropriate resources to the responsible individuals or groups.
E. revisiting the strategy selection process to confirm the decision.
Answer: C
You might also like to view...
To check if a process is in control, we need ______.
A. both a mean chart and a range chart B. only a mean chart C. only a range chart D. only a process capacity index
The return on assets compares ________ to average total assets during the year
a. net operating income b. net income c. net sale d. net cash flow
Which of the following is the best source of for industry-level information?
A) company collateral B) a company website C) press releases D) trade publications
If a financial institution uses stock index futures to completely hedge the systematic component of its stock portfolio, the resulting portfolio will have a beta close to ________
A) 0.00 B) 1.00 C) 2.00 D) 0.50.