Reviewing the underlying bases of an organization's strategy
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Reviewing the underlying bases of an organization's strategy is activity #1 in the strategy evaluation process; entails a firm developing a revised EFE Matrix and IFE Matrix to determine if corrective actions are needed.
Definition
According to the Strategic Management by David and David (15th edition),
- Reviewing the underlying bases of an organization's strategy. Activity #1 in the strategy evaluation process; entails a firm developing a revised EFE Matrix and IFE Matrix to determine if corrective actions are needed.
