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Answer :
Answer:
Explanation:
Closest scrutiny and tight control over each organizational unit’s operating budget and capital locations is top management’s most powerful tool for ensuring first-rate strategy execution.
Also maximizing financial performance is not a sound reason why good strategy execution requires that company managers be deeply involved in steering the proper kinds and amounts of resources to the enterprise's various organization units and value chain activities. Whereas the remaining ones are various reasons which are applicable in this context.
The act of providing or receiving more money than is needed or allowed for a particular purpose, organization, etc.
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Final answer:
Good strategy execution requires company managers to be deeply involved in resource allocation for organizational units and value chain activities. Overfunding specific units wastes resources and reduces financial performance while underfunding pivotal units impedes strategy execution. Scrutiny of budgets, strategy-driven allocations, and resource shifting are important for effective strategy execution.
Explanation:
The statement that is not a sound reason why good strategy execution requires that company managers be deeply involved in steering the proper kinds and amounts of resources to the enterprise's various organization units and value chain activities is:
a. Overfunding particular organizational units and value chain activities wastes organizational resources and reduces financial performance.
Overfunding specific units and activities can lead to a waste of resources and a decline in financial performance. Sound strategy execution involves allocating resources strategically and efficiently, ensuring that each unit has the necessary funding to perform key value chain activities effectively while also operating cost-efficiently.
b. The resources allocated to each organizational unit need to be both strategy-driven to amply fund competent performance of key value chain activities) and lean (to operate cost-efficiently).
Allocating resources based on strategy and performance needs while also being mindful of cost efficiency is an important aspect of good strategy execution.
c. scrutiny and tight control over each organizational unit's operating budget and capital allocations is top management's most powerful tool for ensuring first-rate strategy execution and maximizing financial performance.
Proper oversight and control over budgets and resource allocations help top management ensure effective strategy execution and maximize financial performance.
d. Both changes in strategy and efforts to improve the execution of an existing strategy typically entail budget reallocation and resource shifting.
Changes in strategy and improvement efforts often require reallocation of budgets and shifting of resources to support the new strategic direction.
e. Underfunding organizational units and activities pivotal to strategic success impede the efforts of organizational units to execute their assigned strategy elements.
Underfunding crucial organizational units and activities can hinder their ability to execute the assigned strategy effectively.
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