An initial step that companies typically take in launching the strategy execution process is often to
A)ensure all requirements of the value chain are fulfilled.
B)form a mission statement as a basis for managers to achieve organizational objectives.
C)go on the offensive by employing moves to make its product offering more distinctive and appealing to buyers.
D)put together a talented management team with the right mix of experiences, skills, and abilities to get things done.
E)strive to be more profitable than rivals and aim for a competitive edge based on bigger profit margins.

Question

Quizplus · Accepted Answer

Putting together a talented management team is often an initial step in strategy execution, as it ensures the company has the right leadership to implement and drive the strategy effectively.

An Initial Step That Companies Typically Take in Launching the Strategy