The principal managerial components of the strategy execution process include which of the following?
A) Deciding how much to spend on employee training
B) Instituting policies and procedures that facilitate strategy execution and tying rewards to the achievement of strategic and financial targets
C) Doing an effective job of empowering employees
D) Revamping the value chain in a manner calculated to maximize operating efficiency
E) Selecting a capable top management team

Question

Quizplus · Accepted Answer

Instituting policies and procedures that facilitate strategy execution and tying rewards to the achievement of strategic and financial targets is a key component of the strategy execution process. Deciding how much to spend on employee training, empowering employees, revamping the value chain, and selecting a capable top management team may be important, but they are not the principal components of the strategy execution process.

The Principal Managerial Components of the Strategy Execution Process Include