Why is it appropriate to argue that good strategy-making combined with good strategy execution are valid signs of good management?

What will be an ideal response?


Crafting and executing strategy are core management functions. Among all the things managers do, nothing affects a company's ultimate success or failure more fundamentally than how well its management team charts the company's direction, develops competitively effective strategic moves and business approaches, and pursues what needs to be done internally to produce good day-in, day-out strategy execution and operating excellence.

Business

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_____ in general means hiring the services of another organization or individual to perform some of the work that otherwise would be performed by the hiring organization or its employees.

Fill in the blank(s) with the appropriate word(s).

Business

In a random sample of 400 registered voters, 120 indicated they plan to vote for Trump for President. Determine a 95% confidence interval for the proportion of all the registered voters who will vote for Trump.

A. (0.25, 0.34) B. (0.27, 0.32) C. (0.29, 0.30) D. Cannot be determined from the information given.

Business

The audit committee is a subcommittee of the board of directors comprised of independent outside directors

a. True b. False Indicate whether the statement is true or false

Business

Unrealized gains and losses on available-for-sale securities are reported on the balance sheet

Indicate whether the statement is true or false

Business