Question

 

 Strategy formulation, implementation, evaluation and control are integrated processes.

24 Oct 2025
Answer :
Word Count : 184
Strategy formulation, implementation, evaluation, and control represent a continuous and interdependent process in strategic management. Strategy formulation involves identifying organizational goals, analyzing internal and external environments, and designing suitable strategies to achieve desired objectives. However, formulation alone is not sufficient; the real success of a strategy depends on effective implementation. Implementation translates strategic plans into actionable activities, aligning resources, structure, and culture to ensure that the strategy is executed efficiently. Evaluation and control serve
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