Functional tactics implement strategy


Problem 1. Short term objectives and functional tactics implement strategy - why? What problems may occur through this form of strategy implementation?

Problem 2. What is a policy? How does it differ from a rule?

Problem 3. How does executive compensation factor into the issue of strategy implementation?

Problem 4. Research "agency theory" and its relationship to exective compensation - your findings?

Problem 5. Describe the issue of "fit" between strategy formulation and implementation plans ... cite a firm that seems to have a "perfect fit" and one that is an absolute "misfit." Explain.

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