When the team executes the strategic plan, it is in which stage of development?

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25-11-2021
Social Studies

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When the team executes the strategic plan, it is in which stage of development?

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Martebi Martebi · Answer 1 · 2021-11-30T13:51:55+01:00

Strategic plan are use by firms in any business transaction. Team executes the strategic plan, it is in the Implementation stage of development.

Implementation stage is simply known as the main plan for action that is executed in order of priority.

The 5 stages of strategic management process are simply known as goal-setting, analysis, strategy formation, strategy implementation and strategy monitoring.

Strategic planning is simply known as the process of guiding members of the organization to take in their future and develop the necessary and right procedures and operations to actualize the future.

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