Question: Timely evaluations can alert management to potential or actual problems before a situation becomes critical. Why do firms need to evaluate their strategies? For example,

Timely evaluations can alert management to potential or actual problems before a situation becomes critical. Why do firms need to evaluate their strategies? For example, recent Covid-19 that hits Top Glove Berhad may interrupts its whole operations. As a strategic team consultant for Top Glove Berhad, evaluate current strategic plan using the three strategy-evaluation activities. Provide any situation and example that can enhance the top managements understanding on the current strategic plan conditions especially during this Covid-19 phenomena.

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