Question

In contrast to strategy​ formulation, strategy implementation focuses more on which item​ below? A. Efficiency rather...

In contrast to strategy​ formulation, strategy implementation focuses more on which item​ below?

A.

Efficiency rather than effectiveness

B.

Motivation skills rather than analytical skills

C.

Leadership skills rather than intuitive skills

D.

​A, B, and C

E.

B​ & C

Business   Operations-Management   
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Homework Answers

Answer #1

The correct answer is option D.

Strategy formulation is nothing but the process of taking decisions on actions for accomplishing the objectives and goals of the organization. The managers formulate corporate-level strategies, business-level strategies and functional-level strategies that help the organization to function properly and take appropriate actions to meet the organizational goal. Strategy implementation refers to the means for execution of strategic plan. This involve designing the organizational structure, allocating resources, taking proper decision and managing the human resources effectively.

Strategy implementation is an operational process which require coordination among individuals. It requires special motivational and leadership skills. This is people oriented so it focuses on efficiency rather than effectiveness.

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