I have to write a 400 word essay answering the following questions. I have been reading the chapter and don't fully understand strategies and strategic objectives. Examples of strategies and objectives would be helpful.
Questions:
Q1. What are the different types of strategies? What are the differences among these strategies? How do you determine which type of strategy is most appropriate for a managed care insurance company?
Q2. What are strategic objectives? What is the purpose of strategic objectives? What makes an effective strategic objective? What are some examples of strategic objectives for you organization or one with which you are familiar?