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Why is it so important for a company to delineate and appraise its strategy?

Read the article on How to Evaluate Corporate Strategy and then write a one to three sentence summary of each of the sections below and what they mean to creating one’s corporate strategy . Then, answer the question at the bottom of this assignment .

1. Internal consistency.

2. Consistency with the environment.

3. Appropriateness in the light of available resources.

4. Satisfactory degree of risk.

5. Appropriate time horizon.

6. Workability.

Q: Why is it so important for a company to delineate and appraise its strategy?

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