Assignment:
1. Four major reasons annual objectives are essential for strategy implementation are as follows. Discuss each one.
(1) represent the basis for allocating resources,
(2) are a primary mechanism for evaluating managers,
(3) are the major instrument for monitoring progress toward achieving long-term objectives and
(4) establish organizational, divisional and departmental priorities. (210 Words)
2. Compare and contrast restructuring and reengineering and explain why it is important for strategic management. (210 Words)
Reference:
David, F. R. (2011). Strategic management: Concepts and cases (13th ed). Upper Saddle River, NJ: Prentice Hall.