In your own words discuss the three types of controls that firms can use to evaluate a strategy. Explain examples of each of these controls.
Expert Answer
Strategy is associated with the way forward for an organization. It defines the trajectory of the organization i.e. which direction it is supposed to move and how. It is the planned agenda of an organization which may be a goal, a project or a milestone. Associated with strategy are operational controls which actually move the organization to attain the strategic goals.
Companies monitor and evaluate the effectiveness of the strategic goals in the
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