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In a short essay, describe the final four steps in the strategic management process.
Compliance Default
Compliance default occurs when a party fails to act in accordance with set guidelines, rules, or laws, potentially leading to legal consequences.
Stock Options
Options granted by a company to its employees as a form of incentive compensation allowing them to buy shares at a specific price for a certain period.
Market Price
The present cost for purchasing or selling an asset or service in a market driven by competition.
Tax Treatment
This refers to the applicable rules and regulations that determine how different financial transactions and situations are taxed by governmental authorities.
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