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The failure to develop sufficient management accountability, communications and oversight results in the breakdown of tasks and processes that are reflected in lost productivity as well as profitably. Management should create and communicate reasonable controls to validate the job at hand. These controls can lead to inadequate or ineffective performances that must be corrected or mitigated.
I would begin by explaining to Mr. Wallace that Strategic management is the process by which strategies and policies are put into action through the development of programs, budgets and procedures (Wheelen and Hunger 2006 p...
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