Question

The first step in implementing a strategy is:

A. drafting detailed action plans that specify how a strategy is to be implemented.

B. allocating responsibility for implementation to the appropriate individuals or groups.

C. allocating appropriate resources to the responsible individuals or groups.

D. holding specific individuals or groups responsible for the attainment of corporate, divisional, and functional goals.

E. establishing a timetable for implementation that includes precise, measurable goals linked to the attainment of the action plan.

Answer

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