Question

Putting together a capable top management team

A. Should take top priority in building competitively valuable core competencies
B. Is particularly important when the firm is pursuing unrelated diversification or making a number of new acquisitions in related businesses
C. Is important in building an organization capable of proficient strategy execution, but is nearly always less crucial than doing a superior job of training and retraining employees
D. Entails filling key managerial slots with smart people who are clear thinkers, good at figuring out what needs to be done and skilled in "making it happen" and delivering good results
E. Is particularly essential for executing a strategy to keep a company's costs lower than rivals and become the industry's low-cost leader

Answer 1

Putting together a capable top management team is important in building an organization capable of proficient strategy execution, especially during unrelated diversification or acquisitions. It involves filling key managerial positions with smart individuals who are clear thinkers and good at delivering results.

Step-by-step explanation:

Putting together a capable top management team is an important aspect of building an organization capable of proficient strategy execution. While it is less crucial than doing a superior job of training and retraining employees, it plays a significant role in ensuring successful strategy implementation.

When a company is pursuing unrelated diversification or making a number of new acquisitions in related businesses, having a capable top management team becomes particularly important. This team is responsible for overseeing and coordinating these diverse activities.

Filling key managerial slots with smart people who are clear thinkers and skilled in delivering good results helps in executing a strategy to keep costs lower than rivals and become the industry's low-cost leader.