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Strategy implementation, policy vs rule, agency theory
1. Short term objectives and functional tactics implement
strategy – why? What problems may occur through this form of strategy
implementation?

2. What is a policy? How does it differ from a rule?

3. How does executive compensation factor into the issue of
strategy implementation?

4. Research “agency theory” and its relationship
to exective compensation – your findings?

5. Describe the issue of “fit” between strategy
formulation and implementation plans … cite a firm that seems to have a
“perfect fit” and one that is an absolute “misfit.”
Explain.

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