Strategy formulation and strategy implementation should be considered as two sides of the same coin.

Question

Quizplus · Accepted Answer

Strategy formulation is the process of developing and analyzing strategies to achieve organizational goals, while strategy implementation involves carrying out the strategies that have been formulated. Both of these processes are interdependent and should be considered as two sides of the same coin, as the success of a strategy depends on both its formulation and effective implementation.

Strategy Formulation and Strategy Implementation Should Be Considered as Two