BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Strategic evaluation planning means that the evaluation activity first considers what evidence is needed to inform decision making, and what questions need to be answered to help the organization obtain the evidence to improve the way it does business.

Detailed explanation-2: -Strategic planning looks ahead toward desired goals; performance measurement looks back at achievements. Combined, strategic planning and performance measurement form a circle-a continuous process of governing-for-results (figure 1).

Detailed explanation-3: -The strategy-evaluation process includes three basic activities: Examine the underlying bases of a firm’s strategy. Compare expected results with actual results. Take corrective actions to ensure that performance conforms to plans.