Good strategy combined with good strategy execution
A)offers a surefire guarantee for avoiding periods of weak financial performance.
B)is the best sign that a company is a true industry leader.
C)is a more important management function than forming a strategic vision combined with setting objectives.
D)is the clearest indicator of good management.
E)signals that a company has the best business model in a market.

Question

Quizplus · Accepted Answer

Good strategy is important, but executing it well is equally if not more important. A company that can effectively execute their strategy is a clear indication of strong management. While it does not guarantee avoiding periods of weak financial performance or being the best in the industry, it does increase the chances of success. Good strategy execution is a vital management function that ensures the company is achieving its objectives and goals. The business model is not the only factor that determines a company's success, and strategy execution is critical to achieving those goals.

Good Strategy Combined with Good Strategy Execution