Question

Meaning of strategy formulation and implementation

Answer 1

Explanation:

Strategy Formulationincludes planning and decision-making involved in developing organization'sstrategic goals and plans.Strategy Implementation involves all those means related to executing thestrategic plans. In short, Strategy Formulation is placing the Forces before the action.

Answer 2

Answer:

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• Strategy Formulation includes planning and decision-making involved in developing organization'sstrategic goals and plans.Strategy Implementation involves all those means related to executing thestrategic plans. In short, Strategy Formulation is placing the Forces before the action.