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Author Question: Once a company decides on a strategy, what three criteria need to be put in place? ... (Read 42 times)

tnt_battle

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on: Jun 29, 2018
Once a company decides on a strategy, what three criteria need to be put in place? Why?

Question 2

List the steps in the strategic planning process.


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morganmarie791

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Reply #1 on: Jun 29, 2018
Answer to Question 1

Once a company decides on a strategy, it should assign responsibility, measurable goals, and a timeline. Without these criteria, it is difficult to move strategies to action.

Answer to Question 2

The steps in the strategic planning process are (1 ) develop a mission statement, (2 ) conduct a SWOT analysis, (3 ) develop alternative goals and strategies, (4 ) develop the strategic plan, (5 ) specify action plans, and (6 ) evaluate and control the plans.


tnt_battle

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

DylanD1323

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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