BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Strategy evaluation is the process by which the management assesses how well a chosen strategy has been implemented and how successful or otherwise the strategy is. To simply put, strategy evaluation entails reviewing and appraising the strategy implementation process and measuring organizational performance.

Detailed explanation-2: -Strategy implementation is the process of turning your strategic plan into action. Whether you’re executing a new marketing plan to increase sales or introducing a new work management software to increase efficiency-your plan is only as valuable as the implementation.

Detailed explanation-3: -Strategy implementation is the process of putting a strategy into action. This includes all the steps necessary to ensure the strategy is executed correctly, such as planning, organizing, staffing, directing, and controlling. Strategy evaluation is assessing whether the strategy is effective and achieving its goals.

Detailed explanation-4: -The correct option is 4. Strategy implementation should be kept separate and distinct from strategic management. The continuous planning, monitoring, implementing and controlling of strategies is a process. It is known as strategic management.