Merely fine-tuning the execution of a company's existing strategy normally requires
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)creativity in finding ways for cost reductions, i.e. ways to do less with less.
E)cost-cutting in key value chain activities.

Question

Quizplus · Accepted Answer

Merely fine-tuning the execution of a company's existing strategy does not necessarily require big shifts of resources or a larger allocation of resources. Instead, it may require trimming costs and shifting resources to activities that have a higher priority, which means reallocating existing resources rather than adding new ones. This approach can help the company focus on its core activities and improve performance without significantly increasing costs.

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