Question

Describe and discuss strategy review, evaluation, and control processes, criteria, and methods used.

Answer 1

Strategy review: it may be defined as a process which is structured to allocate or identify new values which are being creating opportunities within a businesses for organisations. The main purpose of strategy review is to improve the performance of the the settled division or the existing division or taking advantage how the new market opportunities.

Evaluation: By evaluation we means that it is a process by which we can examine critical program which involve collecting and analysing data or information about that program characteristic activities and its outcomes the main purpose of evaluation is to make judgement about the program to improve its efficiency and effectiveness.

Control processes: in the control processes we just measure setting and matches the the business activities like production packaging delivery and many more things with some standards which are being set before controlling is very important part for any business and is an essential part of management process without control processes management is obsolete.

Criteria & methods: as we know that criteria is a method that standard by which you can judge or assess anything. So it is very much important for any business organisation the methods which are used and criteria followed for assessing the things.