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Background Information1. Exacta, s.a., is a major French producer, based in Lyon, of precision machine tools. About two-thirds of its output is exported. The majority of these sales are within the European Union. However, the company also has a thriving business in the United States, despite strong competition from several U.S. firms. Exacta usually receives payment for exported goods within two months of the invoice date, so that at any point...
What is Strategic Management?Question:Describe about the Strategy Formulation, Strategy Implementation and Risk associated with strategy implementation?To achieve the objectives by implementation, formulation and evaluation of cross-functional decisions, strategic management is used with a well defined art and science. By this definition, we can conclude that, strategic management keeps its light of focus on accounting, development/research, inf...
