Question

During strategy implementation, managers primarily focus on deciding the:________
a) type of corporate governance that is most effective and ways in which it can put the formulated strategy into practice.
b) relationship between competitive advantage and firm performance.
c) industries and markets the firm should compete in to be able to gain and sustain a competitive advantage.
d) role strategic leaders should play in gaining and sustaining a competitive advantage.

Answer 1

Answer:

A) Type of corporate governance that is most effective and ways in which it can put the formulated strategy into practice.

Explanation:

Strategy implementation is the translation of chosen strategy into organizational action so as to achieve strategic goals and objectives. Strategy implementation is seen to the forth class of management when it falls into strategy management. It can also be defined as the manner at which a said organization probably should develop, amalgamate and also utilize the organization by controlling its system structures and also its culture which is primarily led by strategies which is been used in its running. This makes manager primary focus on deciding always on the type of corporate governance that is most effective and ways in which it can put the formulated strategy into practice.