Company managers can significantly advance the cause of superior strategy execution by doing all of the following EXCEPT
A) employing best practices methods and using process management tools to drive continuous improvement in how internal operations are conducted.
B) adopting benchmarking of the company's operating activities and business processes against "best-in-industry" and "best in world" performers.
C) adopting "best-in-company" operating activities and processes when a company's various organizational units are performing the same functions differently.
D) instituting operating practices that generate economies of scale and scope with current value chain activities.
E) develop performance yardsticks for judging effectiveness and efficiency for particular value chain activities and business processes deemed strategically critical.
Correct Answer:
Verified
Q3: A useful guideline in designing strategy-facilitating policies
Q4: A "best practice" refers to a
A)policy or
Q6: Visible actions to reallocate operating funds and
Q8: A company's operating budget must
A)be strategy-driven in
Q9: In prescribing policies and procedures that facilitate
Q11: Managers charged with implementing and executing strategy
Q13: Apple decides to reallocate resources by curtailing
Q14: Prescribing policies and operating procedures aids the
Q16: A company's ability to marshal adequate resources
Q16: eBay, an online auction business, streamlines its
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