Which of the following statements about the four basic business and management practices that researchers identified is most accurate?
A)Strategy and structure are more important for success than culture and execution.
B)Culture and execution are more important for success than strategy and structure.
C)In order for a company to be successful,it must use all four strategies.
D)In terms of the basic business and management practices,the practice itself is less important than flawless execution of the one(s)the company does use.
E)No strategy can work unless every stakeholder buys into it 100 percent.

Question

Which of the following statements about the four basic business and management practices that researchers identified is most accurate? 
A)Strategy and structure are more important for success than culture and execution.
B)Culture and execution are more important for success than strategy and structure.
C)In order for a company to be successful,it must use all four strategies.
D)In terms of the basic business and management practices,the practice itself is less important than flawless execution of the one(s)the company does use.
E)No strategy can work unless every stakeholder buys into it 100 percent.

Quizplus · Accepted Answer

Researchers concluded that four basic business and management practices are what matter: (1)strategy,(2)execution,(3)culture,and (4)structure.Firms with excellence in all four of these areas are likely to achieve superior business performance.The researchers concluded that which of these a firm chooses to use is less important than flawless execution of the one(s)it does use.

Which of the Following Statements About the Four Basic Business