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Evaluation of Strategy

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Discuss some of the reasons why strategy evaluation is becoming increasingly difficult with the passage of time.

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This solution discuss some of the reasons why strategy evaluation is becoming increasingly difficult with the passage of time.

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It is important to understand that the basic idea behind strategy evaluation is to alert management to problems or potential problems before the situation leads out of control. The basic activities that must take place when evaluating a strategy are:
1.Understanding the internal and external factors that represent the basic thinking behind the current strategy
2.Measuring the performance of an organization and
3.Taking corrective actions.
Strategy evaluation is becoming very difficult as each day passes due to the reasons discussed below:

Strategy ...

Solution provided by:
Edwin Sinclar, MBA
Education
  • MBA, Aspen University
  • Bachelor of Science , Berea College
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