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CA Intermediate · Financial Management and Strategic Management · Strategy Implementation and Evaluation

Kavya Textiles Ltd. has decided to enter technical textiles. Before the plan starts, the CEO wants to know whether it is feasible, how resources will be allocated among the departments, and what the key tasks will be. Which of the following steps in strategy implementation does this most directly describe?

The scenario describes strategy implementation: turning the chosen strategy into action by building supporting structure, allocating resources among departments and defining key tasks. It is not evaluation or environmental scanning, and structure alone is too narrow because resource allocation is also involved.

  1. AStrategy evaluation through corrective action
  2. BDesigning the organisational structure only
  3. CDeveloping the strategic plan into action by building the supporting structure and allocating resourcesCorrect
  4. DEnvironmental scanning of competitors

Explanation

Strategy implementation converts formulated strategy into action by creating a suitable structure, allocating resources and setting up systems. The scenario concerns resource allocation and key tasks, not evaluating results or scanning the environment. Option B is too narrow since resources are also involved.

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