Describe the strategy formulation process; clearly explaining three major activities that are undertaken at this stage?

1) Explain why your company needs to consider all of these perspectives in developing strategy.(2) Explain why you chose the goals and how the goals are aligned with the mission, vision, and purpose you state in Task 1. VISION Creating a happier and sustainable world is our aim, where coexisting is natural. We believe that every biscuit we produce brings us closer to a healthier lifestyle and a greener future. Each snack is a small but significant contribution towards our vision.   MISSION To nourish both the body and soul, Petit Biscuits endeavours to create a delectable assortment of organic treats while simultaneously promoting ethical business practices that benefit the environment.   PURPOSE Petit Biscuits is driven by the purpose of making mindful snacking accessible to everyone. Through our products, we aim to offer a variety of biscuit options that align with diverse dietary needs and preferences by also fostering a culture of conscious eating, promoting sustainable sourcing,…

Define the Strategy Formulation?

3. In the hierarchy of strategy, what purpose do corporate and business level strategies serve? Why should firms have a business strategy? What information is needed for the proper formulation of strategy? Why?