Once a company decides on a strategy, what three criteria need to ...

[tnt_battle]

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.

[morganmarie791]

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]

Thanks for the timely response, appreciate it

[xiazhe]

Great answer, keep it coming