Question: Explain why both internal and external factors should be stated
Explain why both internal and external factors should be stated in specific terms, i.e., using #’s, %’s, $’s, ratios, and comparisons over time, to the extent possible.
Answer to relevant QuestionsWhy is strategy implementation often considered the most difficult stage in the strategic-management process? How can strategists best ensure that strategies will be effectively implemented? Compare business strategy and military strategy. What are the three stages in strategic management? Which stage is more analytical? Which relies most on empowerment to be successful? Which relies most on statistics? Justify your answers. Do local service stations need to have written vision and mission statements? Why or why not?
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