Strategy formulation involves putting the strategies (or plan) into action.
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Q5: Functional managers bear responsibility for the overall
Q6: A business unit is a self-contained division
Q7: General managers bear responsibility for specific departments
Q8: If a company's strategy does result in
Q9: A company is said to have a
Q11: Corporate-level managers provide a link between the
Q12: Capital means the sum of money invested
Q13: The formal strategic planning process has four
Q14: The more efficient a company is, the
Q15: A multi-divisional company is a company that
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