Which of the following statements about implementing and executing a new strategy is true?
A) The managerial tasks of implementing and executing a new strategy call for essentially the same kinds of creative management talent and innovative thinking as does crafting strategy.
B) Executing strategy is chiefly a financially driven process aimed at squeezing the most profit out of conducting daily operations.
C) Executing strategy is a job for a company's whole management team,not just a few senior managers.Moreover,all company personnel are actively involved in the strategy execution process.
D) Executing strategy depends heavily on the caliber of a CEO's business vision,industry and competitive analysis skills,and entrepreneurial creativity.
E) Executing strategy tends to be a simpler,quicker management task to perform as compared to crafting a winning strategy.

Question

Quizplus · Accepted Answer

Implementing and executing a new strategy is a job for the whole management team and involves active involvement of all company personnel. It is not solely dependent on a CEO's skills or financially driven to maximize profits. While it requires creative management talent, it is not necessarily a simpler or quicker task than crafting a winning strategy.

Which of the Following Statements About Implementing and Executing a New