Select the best answer. Success is fundamentally linked to
A)a soundly formulated strategy and luck.
B)an effectively formulated strategy and a strong awareness of the rivals' strengths.
C)a clear understanding of the environment and strong political skills.
D)a soundly formulated and effectively implemented strategy.

Question

Quizplus · Accepted Answer

Success is fundamentally linked to a combination of a soundly formulated and effectively implemented strategy. A strategy needs to be well-defined and properly executed to achieve the desired goals. Without a robust strategy in place, any chance of achieving success is greatly reduced. On the other hand, just having a strategy in place is not enough; it needs to be effectively implemented in a way that aligns with the organization's goals and objectives.

Select the Best Answer