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Goal setting: Employees working in an organization must have goals and know how to achieve those goals. The motivation to achieve the goal will provide a purpose and meaning to their job responsibilities.
Analysis: Every organizational data is gathered and analyzed to understand problems that may be there in the organization.
Formulation: A detailed analysis of the organization’s functional environment is done, and then a series of strategic resolutions are taken to improve the organization.
Implementation: In this step, the strategists examine measures that need to be taken to achieve the objectives structured in the previous step.
Strategy monitoring: At this stage, the organization is supposed to monitor the already planned and implemented strategies.
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Strategy assignment is an activity where students have to execute, assess, and frame cross-functional decisions of an organization. A student strategy assignment writes where they meticulously tie up a company’s vision, mission, and objectives with rules and strategies to accomplish its objectives.
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