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What Are the Five Phases of the Strategy-Making,strategy-Executing Process and What

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What are the five phases of the strategy-making,strategy-executing process and what does each one involve?


Definitions:

Mean

The average of a set of numbers, calculated by dividing the sum of all values by the number of values.

Median

A measure of central location provided by the value in the middle when the data are arranged in ascending order.

Uniform Distribution

A type of probability distribution in which all outcomes are equally likely.

Probability Density Function

An equation that indicates the probability of a random variable occurring at a certain value.

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