As a firm changes its strategic plan, consideration should be given as to how it will measure the progress of the new plan. This is likely to prompt a change in which type of process?

Question

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The process of measuring progress towards achieving the goals of a new strategic plan falls under the control function of management. Control involves setting standards, measuring actual performance against those standards, and making changes as necessary to ensure that goals are achieved. The need to measure progress is likely to prompt a change in the control process.

As a Firm Changes Its Strategic Plan, Consideration Should Be