Discussion 5: Strategy-Evaluation

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Question Description

I’m working on a business discussion question and need the explanation and answer to help me learn.

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Instructions

  1. According to your textbook, the strategy-evaluation process consists of three basic activities:
  • Examine the underlying bases of a firm’s strategy.
  • Compare expected results with actual results.
  • Take corrective actions to ensure that performance conforms to the plan.
  1. Which of the three strategy-evaluation activities do you think is most critical to be performed well? Why?
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