solved: A firm’s financial, social and environmental performance have a…


A firm’s financial, social and environmental performance have a…A firm’s financial, social and environmental performance have a significant impact on the overall health of the company and on the probability of success of the strategy chosen. These key domains are critical at all phases of the strategic management process but they become even more vital during the implementation phase. That’s one of the reasons why we must monitor and assess those domains on an ongoing basis and update the strategic plan accordingly. The strategic objectives established and the target metrics or standards must also be revised to reflect the outcome or results of the evaluation of these domains. A corrective plan must be defined with specific corrective actions and responsibilities to correct the deviations or revise the strategic plan and define more realistic goals and objectives. How we ensure proper execution or implementation of the strategy?  Arts & HumanitiesCommunicationsMarketing BUS/475 – 475

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