Question

Organizational strategy can be divided roughly into two categories:

a.formulation and
b.implementation. while there is legitimate crossover between the two, how would you characterize the issues involved in each effort?

Answer 1

You should have mission and vision statement to have a path and purpose of your business. Next, you have to get your objectives in your business for you to know what is your goal. Lastly, you have to know the different strategies such as: Corporate strategy,business strategy, and functional strategy. In these steps, you will be able to have your clear path in your business.