Importance of formulating strategies in specific order

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Importance of Formulating Strategies in Specific Order

When formulating strategies, there are 5 categories of strategy formulation available to utilize: directional strategies, adaptive, market entry, competitive, and implementation strategies. To be effective, the strategies must be formulated in a specific order.

Why is it so important to formulate strategies in this specific order?

Is one type of strategy formulation is more effective than another for a hospital? Why or why not?

Reference no: EM1360303

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