Discuss examples of each of the three phases of the Strategic Management Process which are: Strategy Formulation, Strategy Execution, Strategy Evaluation

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Business Finance

Description

Discuss examples of each of the three phases of the Strategic Management Process which are: Strategy Formulation, Strategy Execution, Strategy Evaluation based on the following links.

http://www.bloomberg.com/video/how-did-ups-miss-so-many-christmas-shipments-EiozJnLSRQKGZrvl~6x4EQ.html

http://www.bloomberg.com/video/ups-cfo-kurt-kuehn-on-holiday-shipping-u-s-economy-J9ob7yBaRzWf_ZVEvDa2Jw.html

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Explanation & Answer

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strategy should be like a bonding between formulation ans management.

this can be achieved by execution and evaluation as shown

Please let me know if you need any clarification. I'm always happy to answer your questions.


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