Why is it necessary to regularly evaluate business strategy?

Why is it necessary to regularly evaluate business strategy?

 

Solution

It is necessary to regularly evaluate business strategy because strategy is mainly a plan of action designed to achive the specific goals and objectives. strategic planning allows business leaders to identify where opportunity for the improvement exist actually. sometimes evaluation of business strategy also allow management people an opportunity to re-evaluate the business performance and also reassess the goal for the smooth running of the business to become sucessful.

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