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Strategic formulation is a mixture of three main processes which are as follows:

Strategic management is a level of managerial duty allocating goals and over Tactics. Strategic management provides overall direction to the enterprise and is closely related to the field of Organization Studies. In the field of business administration it is useful to talk about "strategic alignment" between the organization and its surroundings or "strategic consistency". According to Arieu (2007), "there is strategic consistency when the [url=http://www.diecastlinks.co.uk]hollister outlet[/url] actions of an organization are consistent with the expectations of management, and these in turn are with the market and the context."
•           Performing a state analysis, self-evaluation and competitor analysis: both internal and external; both micro-environmental and macro-environmental.
•           Introducing certain programs involves acquiring the appropriation of resources: a necessity for developing the process, training documentation process testing, and flexibility with (and/or conversion from) difficult processes.

Article Tags: Strategic Management
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•           Placement and achievement of required resources are financial, manpower, operational support, time, technology support

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Marketing action plan
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Strategy formulation
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