Sound strategy and implementation largely determine the probability and extent of the success of a firm.

Question

Quizplus · Accepted Answer

Strategy and implementation are crucial factors that can greatly impact a firm's success. A well-crafted strategy that is coupled with effective implementation can give a firm a competitive edge and lead to greater success. On the other hand, poor strategy or ineffective implementation can result in failure or setbacks for a company.

Sound Strategy and Implementation Largely Determine the Probability and Extent