Choose 2 approaches to formulating and implementing Strategy. Economic and Political and choose two nations where...

Choose 2 approaches to formulating and implementing Strategy. Economic and Political and choose two nations where you can illustrate real world examples

Expert Solution

the economic imperative is a worldwide strategy which includes leadership, differentiation and segmentation.

political imperative includes the strategy of the world that are responsive and design to protect the local marketplace.

Example of an economic approach to formulating and implementing Strategy is Haldiram which take the decision to implement more food segment all over the world to increase the growth of the company and they offer many different products. the leader makes the decision to provide more variety of ready to eat food items.

Example of a political approach to formulating and implementing Strategy is a company FMCG which produces personal care product has to mood from those products to a board strategic initiative there starts to design another line of products.

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keosha answered 1 month ago

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