Implementation is an integral part of strategic management.Question 1Select one:TrueFalse
Question
Implementation is an integral part of strategic management.
Question 1
Select one:
- True
- False
Solution
Understanding the Statement
-
Definition of Implementation in Strategic Management
- Implementation refers to the process of putting into action the strategic plan that an organization has developed, involving the coordination of resources and activities.
-
Role of Implementation
- In strategic management, effective implementation is crucial as it determines whether the strategies designed will yield successful outcomes. Without implementation, even the best strategies remain merely theoretical.
Conclusion
Based on the definitions and roles established in strategic management, the statement that "implementation is an integral part of strategic management" is indeed true.
Final Answer
True
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