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Difficulties of Business Policy and Strategy

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

200-300 words

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The response for the queries is posted in 361 words with references.

//This section covers various reasons due to which the strategic evaluation of a business is becoming difficult with the passage of time. //

Strategic evaluation is the last step of strategic management, which is used to identify and describe the strategies of a business. Every business is set up to earn profit, and profit is earned through competitive advantage in its industry. Strategic managers carry out various decisions to achieve the organizational objective. These decisions are analyzed frequently to evaluate the profitability from the decisions. It also derives the business strength, weaknesses, opportunities and ...