Define Strategy formulation

      

Define Strategy formulation

  

Answers


Maurice
This is the process of deciding best course of action for accomplishing organizational objectives and hence achieving organizational purpose.
After conducting environmental scanning ,managers formulate corporate , business and functional strategies.
Strategy implementation this implies the strategy work as intended for putting the organization’s chosen
strategy into action.
It includes designing the organizational structure,distributing resources ,developing decision making process,and managing human resources.
maurice.mutuku answered the question on August 2, 2019 at 09:13


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