Merely fine-tuning the execution of a company's existing strategy normally requires that companies embrace:
A) big shifts of resources from one area to another.
B) a larger allocation of resources to the effort.
C) trimming costs and shifting resources to activities that have a higher priority.
D) a high degree of creativity in finding ways to find and reduce cost reductions (ways to do less with less)and reallocating those resource costs to other areas.
E) All of these.

Question

Quizplus · Accepted Answer

Merely fine-tuning the execution of a company's existing strategy implies that the strategy is mostly in place and needs some adjustments. Therefore, big shifts of resources (A) or a larger allocation of resources (B) are not necessary. Rather, trimming costs and shifting resources to activities that have a higher priority (C) is more appropriate. The answer D is not accurate as it mentions finding ways to do less with less, which may not be the case with fine-tuning a strategy. Therefore, the correct answer is C.

Merely Fine-Tuning the Execution of a Company's Existing Strategy Normally