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Strategy Formulation And Implementation: Important Information About Evaluating Strategy

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What are some types of organizations that may need to evaluate strategy more frequently than others?

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Organizations that may need to evaluate strategy more frequently are discussed in great detail in this solution. References are included.

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Some types of organizations that need to evaluate strategy more frequently than others are those whose business environment is changing rapidly. In case of such organizations there is a need to continuously evaluate the changes that occur in the business environment and evaluate the appropriateness of the present strategy and make adjustments so that the firm remains competitive. Another type of organizations that need to evaluate strategy more frequently than others, is one in which technology is changing very quickly. In such organization, the current strategy of the organization needs to be ...

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