Question: Ch . 2 . An organization forms strategic planning groups. They decide on a strategic direction by defining the company's mission and goals, external opportunities
Ch An organization forms strategic planning groups. They decide on a strategic direction by defining the company's mission and goals, external opportunities and threats, and internal strengths and weaknesses. Next, functional groups decide on structuring the organization, allocating or reallocating resources, making sure that the firm has skilled employees in place, and developing reward systems that align employee behavior with the organizations strategic goals. What is this process known as
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
