Which of the following exemplifies one of the most widely used methods of gauging how well a company is executing its strategy?
A)Merrill & Company has a disconnected organizational arrangement whereby pieces of an activity are performed in different functional departments.
B)Oceania identifies agents of change who are convinced about sticking to the old ways of doing things.
C)Honeywell narrates success stories of rival brands to convince its personnel about traditional wisdom.
D)Fizz-Cola judges the efficiency of internal operations by benchmarking them against best-in-industry performers.
E)Motorola develops the data to measure how poorly rival brands perform against the best-practice standards across industry.

Question

Quizplus · Accepted Answer

Benchmarking internal operations against best-in-industry performers is a widely used method of gauging how well a company is executing its strategy. This allows companies to identify areas for improvement and strive towards best-practice standards. Option A describes a disconnected organizational arrangement, which is not a method of gauging strategy execution. Option B describes resistance to change, which is not a method of gauging strategy execution. Option C describes using success stories of rival brands to convince personnel, which is not a method of gauging strategy execution. Option E describes measuring the performance of rival brands, which is not the most widely used method of gauging how well a company is executing its own strategy.

Which of the Following Exemplifies One of the Most Widely