____ refers to the use of managerial tools to direct resources toward the achievement of strategic results.
A) Strategy formulation
B) Strategy coordination
C) Strategy execution
D) Strategy control
E) Strategy planning

Question

Quizplus · Accepted Answer

Strategy execution refers to the process of implementing a company's strategy by effectively allocating resources, coordinating activities and monitoring progress towards achieving strategic goals. It involves the use of managerial tools such as performance metrics, feedback systems, and communication channels to ensure that strategic plans are translated into action and results are delivered as planned. Strategy formulation, planning, coordination, and control are all important aspects of the overall strategic management process, but execution is the critical step that determines the success or failure of a company's strategic initiatives.

____ Refers to the Use of Managerial Tools to Direct