The strategy formulation framework was given by Fred David for strategists to make more informed and meticulously prepared strategies. It consists of advanced tools for strategic analysis which can play a significant role in analyzing the external and internal factors of a business.
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Answer:
Comprehensive Strategy Formulation Framework
The strategy formulation framework was given by Fred David for strategists to make more informed and meticulously prepared strategies. It consists of advanced tools for strategic analysis which can play a significant role in analyzing the external and internal factors of a business.
- Three stages of strategy formulation -
> Input Stage
> Matching Stage
> Decision Stage
Explanation: