Examlex
XYZ Corporation is a U.S. fruit company. When XYZ Corporation purchases bananas from India and Brazil for distribution to U.S. grocery stores, it may pay:
Strategy Formulation
The process of developing a plan to achieve organizational goals that involve defining the company’s mission, setting objectives, assessing both internal and external environments, and determining strategic choices.
Strategy Implementation
The process of putting strategies into action.
Strategy Outsourcing
The practice of delegating a company's business strategy or operational tasks to external specialists to capitalize on efficiencies, reduce costs, or improve focus on core competencies.
Strategic Analysis
A comprehensive evaluation process of an organization's strategic position, identifying strengths, weaknesses, opportunities, and threats.
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