A company’s strategic priorities must drive how capital allocations are made and the size of each unit’s operating budget.
Search for recent (most recent five years) articles that discuss how a company has revised its pattern of resource allocation and divisional budgets to support new strategic initiatives. How do the revisions fit within the context of the material we have covered in our coursework (Thompson text and other material)
· Incorporate a minimum of at least one course (Thompson text) and one non-course scholarly/peer reviewed source. Must include introductory and concluding paragraphs, reference page, be double-spaced and proper in-text citations using APA guidelines.
· Required minimum 2 pages (600 Words) excluding References.
Use Thompson Jr. A. A, Peteraf, M. A., Gamble, J. E., and Strickland III, A. J. (2020). Crafting & Executing Strategy: The Quest for Competitive Advantage: Concepts and Cases. 22nd Edition. McGraw-Hill