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Unformatted text preview: e. Interactive Analysis i. Both external and internal at the same time f. Long term Goals i. What are you going to do ii. 5-20 years iii. Ex: market share 25% in 5 years iv. Based on analysis from 1 st 4 steps g. Long term Strategies i. How are you going to do it 1. Build a. Bring new people in 2. Win a. Take share away from rivals 3. Acquire a. Mergers and acquisitions add their share to our share h. Short term Goals i. 1 year i. Short Term Strategies j. Strategy Implementation k. Monitoring, control, feedback III. Sample Question a. Where is our need for knowledge the greatest b. Where is our current knowledge the lowest? i. Strategy implementation ii. Strategy formulation iii. Internal analysis iv. External analysis c. Answer i. Strategy implementation...
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This note was uploaded on 04/18/2011 for the course BUS 370 taught by Professor Camp during the Fall '09 term at Indiana.
- Fall '09