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The traditional approach to strategic control is sequential. This means that ________Blank is measured against the ________Blank goal; strategies are formulated and top management sets
- The traditional approach to strategic control is sequential. This means that ________Blank is measured against the ________Blank goal; strategies are formulated and top management sets goals; and ________Blank are implemented.
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operations; short-term; actions
financial success; budget; improvements
performance; predetermined; strategies
outcome; prior; corrections
2. Strategic control systems monitor and correct the performance and ultimate strategy of a firm.
True or False
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