strategy affects an organization from top to bottom: it affects ,
all functional & decisional areas of a business,
Planning
Implementation
Forming
O Crafting
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Explanation:
Among the various options given in question statement, the most suitable option is the first one.
Strategy affects an organization from top to bottom and affects all functional & decisional areas of a business. Many business rise and fall based on the strategies that are made. It is because on the basis of strategies, decisions are taken at all levels in organization. Although all strategies are made as per business goals and targets, however it is very necessary to continuously analyse strategy for improvements in it
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Strategy affects an organization from top to bottom: it affects, all the functional and decisional areas of a business.
- Strategy simplifies the method of decision making. For successful strategic decision-making, the actions of executives and their subordinates are directed.
- Strategies provide a standard operating procedure and are an essential instrument in the process of strategic decision-making.
- Strategic leadership should represent a top-down mechanism so that the methods used by managers to produce results should fall down.
- The managers can further instill the tactics to their staff so that they can achieve the outcomes they expect from their leaders.
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