Strategic Management for Ikea

12190 Words Dec 3rd, 2012 49 Pages
Executive Summary In this assignment, it mainly explains focus on the strategic management process. There are 3 main part of the assignment where each part describes on the different stages in the strategic management process. Strategic management is the art and science of analysing, formulating, and implementing decision that enable an organization moving towards to archive its organizational goals and objectives. Strategic management process consists of three major stages which is strategy analysis, strategy formulation and also strategy implementation. At the strategy analysis stage, a firm, in this assignment IKEA will identify and evaluate its external and internal environment. External environment can be further divided into …show more content…
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