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Once the Strategy Is Executed, the Final Phase of Strategic

question 27

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Once the strategy is executed, the final phase of strategic management is strategy evaluation by reviewing financial and strategic objectives. Strategy evaluation is the appraisal of plans and their results.


Definitions:

Morpheme

The smallest grammatical unit in a language, carrying semantic meaning.

Phoneme

The smallest unit of sound in a language that can distinguish between meanings of words.

Syntactical Unit

A grouping of words that forms a coherent part of a sentence according to the rules of syntax, such as a phrase or clause.

Cognitive Revolution

A shift in psychology in the 1950s to 1960s focusing on the study of mental processes such as thinking, memory, and problem-solving.

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