Question: Thinking about the five steps in the strategy process: 1) Goal setting/Clarify Your vision 2) Gather/Analyze information (Situation Analysis) 3) Strategy formulation 4) Strategy implementation
Thinking about the five steps in the strategy process:
1) Goal setting/Clarify Your vision 2) Gather/Analyze information (Situation Analysis) 3) Strategy formulation 4) Strategy implementation 5) Evaluate & Control (Strategic control)
Explain how the steps of the process are related. Then, select a company (other than Walmart) and give an example of each step. Make sure you address all aspects of each step, as some have two parts.
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