Chapter 9, Problem 3RDQ

Summary Introduction

(a)

To determine:

The manner in which the process of strategy formulation, implementation and evaluation differ for large businesses.

Introduction:

The process of determining strategy formulation, implementation and evaluation for an organization is known as strategic management. The strategic management function is an essential and important function of an organization in order to achieve organizational goals through effective organization performance. The small business, large business, global businesses and non-profit organizations differ from each other in terms of size, operation and scale. Thus, the process of strategy formulation, implementation and evaluation differ accordingly.

Summary Introduction

(b)

To determine:

The manner in which the process of strategy formulation, implementation and evaluation differ for small businesses.

Introduction:

The process of determining strategy formulation, implementation and evaluation for an organization is known as strategic management. The strategic management function is an essential and important function of an organization in order to achieve organizational goals through effective organization performance. The small business, large business, global businesses and non-profit organizations differ from each other in terms of size, operation and scale. Thus the process of strategy formulation, implementation and evaluation differ accordingly.

Summary Introduction

(c)

To determine:

The manner in which the process of strategy formulation, implementation and evaluation differ for not for profit organizations.

Introduction:

The process of determining strategy formulation, implementation and evaluation for an organization is known as strategic management. The strategic management function is an essential and important function of an organization in order to achieve organizational goals through effective organization performance. The small business, large business, global businesses and non-profit organizations differ from each other in terms of size, operation and scale. Thus, the process of strategy formulation, implementation and evaluation differ accordingly.

d)

Summary Introduction

To determine:

The manner in which the process of strategy formulation, implementation and evaluation differs for global business.

Introduction:

The process of determining strategy formulation, implementation and evaluation for an organization is known as strategic management. The strategic management function is an essential and important function of an organization in order to achieve organizational goals through effective organization performance. The small business, large business, global businesses and non-profit organizations differ from each other in terms of size, operation and scale. Thus the process of strategy formulation, implementation and evaluation differ accordingly.