Managers charged with implementing and executing strategy need to be deeply involved in the budgeting and resource allocation process because:
A) too little funding deprives organizational units of the necessary resources to execute their piece of the strategic plan while too much funding wastes organizational resources and reduces financial performance.
B) a change in strategy nearly always calls for budget reallocations and resource shifting.
C) without major budget reallocations there is little chance that desired core competencies and organizational capabilities will emerge.
D) lean,carefully managed budgets protect the company's financial condition and eliminate the wasteful use of cash.
E) All of these.

Question

Quizplus · Accepted Answer

The Answer is E

Managers Charged with Implementing and Executing Strategy Need to Be