Question

The principal managerial components of the strategy execution process include which one of the following?

Group of answer choices

1. Doing an effective job of delegating authority to lower-level managers and empowering employees

2. Hiring employees whose personal traits and values are a good fit with the company's set of core values

3. Deciding which value chain activities to perform in-house and which ones to outsource

4. Staffing the organization and developing the resources, competencies, capabilities, and organizational structure to execute strategy successfully.

5. Designing and implementing an organization structure that enables the achievement of maximum operating efficiency

Answer 1

The correct answer is option 4.Staffing the organization and developing the resources,competencies,capabilities,and organization structure to execute strategy successfully

The principal managerial components of strategy execution process includes developing the resources ,capabilities and competencies needed and devising an organization structure that helps in successful execution that creates competitive advantage for the firm.

Other options :

These are not part of strategy execution process and hence are not principal managerial components.