- This topic has 2 replies, 2 voices, and was last updated 2 years ago by
.
Viewing 3 posts - 1 through 3 (of 3 total)
- Posts
Hello Professor, I need your help.
I tried to find these three interrelated terms in notes but remained unsuccessful.
Can you explain me these three terms briefly
1. Strategic Analysis
2. Strategic Choice
3. Strategic Implementation.Please also tell me that is this a sequence (1 then 2 and 3) or can be random?
No, it’s 1, 2, 3
Analysis = collect information and analyse your situation eg environment, competitors etc.
Choice = based on the information and analysis make your choice eg move manufacturing abroad v keeping it on-shore; moving out or products and into services.
Implementation = carry out your chosen strategy.
Viewing 3 posts - 1 through 3 (of 3 total)
- The topic ‘Strategic Management’ is closed to new replies.