During strategic planning and budgeting processes

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During strategic planning and budgeting processes, a company assesses the performance of each business unit. Based on its findings, the company acquires and divests assets and revises resource allocations. Leaders allocate company resources according to the desirability of each business unit's market opportunities, which determines its planning priorities.

Corporate-level strategy... Establishes Expectations A company conveys its corporate strategy to individual business units to drive performance and establishes the expectations of internal and external stakeholders, or those with an interest in the success of a company provide example? From these expectations, we can pass this down the chain to all employees. Employees need to understand what they do and how they fit into the organization's expectations explain why this is important?

Reference no: EM131646208

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