Reference no: EM132916961

Which of the following statements are correct with regard to the differences between strategy formation and implementation?

A In the strategy-as-practice approach, strategy formation is the responsibility not only of senior management, but also of middle and lower levels of management; whereas lower levels of management are regarded as having the responsibility to implement strategies

B Internal and external forces drive strategy formation, whereas internal, organisational and operations-related forces drive strategy implementation

C Strategy implementation is concerned with the overall goals and objectives of the organisation, whereas strategy formation is concerned with the deliberate choice of a set of activities or steps needed to achieve strategic goals

D Strategy formation requires strategists to be intuitive with good analytical and forecasting abilities, whilst strategy implementation requires strategists to have excellent motivation and leadership skills, in other words, people-related skills

E Strategy implementation follows a top-down approach, whilst strategy formation follows a bottom-up approach

1 A B C E
2 A B D
3 B D E
4 D E