Question

strategic implementation requires ............... resources
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Answer 1

Effective strategy implementation requires reallocating resources to ensure that relevant business-units/divisions/departments have sufficient budgets to do their work successfully. Managers need sufficient fund to carry out their activities related to strategic plan

Answer 2

STRATEGIC IMPLEMENTATION

Strategic implementation requires reallocating resources.

GETTING TO KNOW MORE ABOUT STRATEGIC IMPLEMENTATION:

* Effective plan execution necessitates reallocating resources to ensure that key business units, divisions, and departments have the finances to complete their tasks.

* Managers require sufficient cash to carry out their strategic plan-related duties. Senior managers in charge of drafting the company's budget must consider the budgetary needs of each unit in order to carry out the plan.

* Budgetary requirements must be thoroughly evaluated in order to allocate funds wisely. This is critical because insufficient finance slows development and creates roadblocks in the implementation of a strategy. Furthermore, excessive financing wastes resources. When managers modify their plan, they must reallocate resources.