Crafting and executing strategy are top-priority managerial tasks because:
A) they are necessary ingredients of a sound business model.
B) good strategy coupled with good strategy execution are the most telling signs of good management and greatly raises the chances that a company will be a standout performer in the marketplace.
C) the management skills of top executives are sharpened as they work their way through the strategy-making,strategy-executing process.
D) doing these tasks helps executives develop an appropriate strategic vision,strategic intent,and a set of strategic objectives.
E) of the contribution they make to maximizing value for shareholders.

Question

Quizplus · Accepted Answer

Crafting and executing strategy are crucial managerial tasks because a good strategy, coupled with effective execution, is a significant indicator of good management. This, in turn, increases the probability that a company will be a standout performer in the marketplace.

Crafting and Executing Strategy Are Top-Priority Managerial Tasks Because