Which of these refers to the use of managerial tools to direct resources toward the achievement of strategic goals?
A) Strategy formulation
B) Strategy coordination
C) Strategy implementation
D) Strategy control
E) Strategy planning

Question

Quizplus · Accepted Answer

Strategy implementation refers to the use of managerial tools to direct resources toward the achievement of strategic goals. Strategy formulation is the process of developing a strategy, strategy coordination involves aligning different strategic initiatives, strategy control involves monitoring and adjusting the strategy, and strategy planning refers to the development of a plan to implement the strategy.

Which of These Refers to the Use of Managerial Tools