Which of the following is NOT considered a strategy-implementation activity?

Taking corrective actions is often associated with strategy control rather than strategy implementation. While it is crucial for ensuring that a strategy stays on course and adapts to any unforeseen circumstances, it is not a direct activity used to implement a strategy in the initial phases.

In contrast, establishing annual objectives is essential for setting measurable targets that guide the execution of a strategy. Devising policies provides a framework for decision-making that supports the overall strategy, and allocating resources ensures the necessary assets and capabilities are available for effective implementation. These activities involve putting the strategy into action and aligning organizational efforts towards achieving strategic goals, which is why they are typically classified under strategy implementation activities.