Which term is best defined as a central management activity that allows for strategy execution.
A) Policy-making
B) Goal-setting
C) Establishing annual objectives
D) Resource allocation
E) Conflict

Question

Quizplus · Accepted Answer

Resource allocation involves the process of deciding how to distribute and allocate resources such as financial, human, and material to achieve strategic objectives. This is a central management activity and allows for strategy execution. Policy-making, goal-setting, establishing annual objectives, and conflict are important activities but do not directly address strategy execution.

Which Term Is Best Defined as a Central Management Activity