What 4 types of strategy make up the strategy formulation process? Describe the role each plays in developing a strategic plan.

Strategic planning and decision making in nursing. chapter 6-Developing strategic alternatives
Answer discussion questions – Ginter et al Ch 6 –
Q 1, 5,14. Please give examples of your own organization(Ex: Atrium health in charlotte, NC) or one you have been in if possible.
Post your answers under the forum tab for Week 6.
Cite one reference in your answer; this may be your text.
Q1: What 4 types of strategy make up the strategy formulation process? Describe the role each plays in developing a strategic plan.
Q5: Why does the selection of the strategic alternatives create “direction” for the organization?
Q14: What is strategic posture? How does a decision concerning the strategic posture help create decision guidelines for management and affect the organization’s culture?
Text book: Ginter, P. M., Duncan, W. J., & Swayne, L. E. (2013). The strategic management of health care organizations (7th ed.). San Francisco, CA: John Wiley & Sons.

Chapter 6 of text book attached.