Which of the following is one of the first steps to take in launching the strategy execution process? A. Form a mission statement as a basis for managers to achieve organizational objectives. B. Strive to be more profitable than rivals and aim for a competitive edge based on bigger profit margins. C. Put together a talented management team with the right mix of experiences, skills, and abilities to get things done. D. Go on the offensive by employing moves to make its product offering more distinctive and appealing to buyers. E. Ensure all requirements of the value chain are fulfilled.

Question

Business

Linus

13 August, 13:43

Which of the following is one of the first steps to take in launching the strategy execution process? A. Form a mission statement as a basis for managers to achieve organizational objectives. B. Strive to be more profitable than rivals and aim for a competitive edge based on bigger profit margins. C. Put together a talented management team with the right mix of experiences, skills, and abilities to get things done. D. Go on the offensive by employing moves to make its product offering more distinctive and appealing to buyers. E. Ensure all requirements of the value chain are fulfilled.

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Answers (1)

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Natalya Hunt · Answer 1

The correct answer to the following question will be Option C.

Explanation:

The strategy execution method offers a systematic framework to explain, interact, enforce, and conduct policy. The objective of this project would be to ensure that the organization focuses on building value-added technologies and implementing value-optimizing expenditures. Bringing together a good leadership people with the highest combination of talents, abilities, as well as the desire to do tasks has become one of the measures to follow to initiate this venture.

Other choices have no relation with the specified scenario. So Option C seems to be the right response.