Why is mportant to formulate strategies in specific order

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Assignment:

There are five categories of strategy formulation available to utilize, and they are as follows:

  • Directional strategy
  • Adaptive strategy
  • Market entry strategy
  • Competitive strategy
  • Implementation strategy

To be effective, these strategies must be formulated in a specific order. Address the following:

  • Why is it so important to formulate strategies in this specific order?
  • Provide an example of each category of strategy formulation for discussion.
  • Based on your perspective, is one type of strategy formulation more effective than another for an acute care hospital? Why or why not?

Reference no: EM133429525

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