The process that involves allocating resources,developing structures,hiring skilled employees,and developing appropriate reward systems is known as:

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Strategy implementation involves the actual process of putting a chosen strategy into action. This includes allocating resources, developing structures, hiring skilled employees, and developing appropriate reward systems. Strategy formulation is the process of developing the strategy itself, while strategic planning is the overall process of setting goals and determining how to achieve them. Strategic management encompasses all of these processes, as well as monitoring and adjusting the strategy as necessary.

The Process That Involves Allocating Resources,developing Structures,hiring Skilled Employees,and Developing