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Learning Objectives
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After reading this chapter, you should be able to:
LO 2-1Describe the differences between strategy formulation and strategy implementation.
LO 2-2List the components of the strategic management process.
LO 2-3Discuss the role of the HRM function in strategy formulation.
LO 2-4Describe the linkages between HRM and strategy formulation.
LO 2-5Discuss the more popular typologies of generic strategies and the various HRM practices associated with each.
LO 2-6Describe the different HRM issues and practices associated with various directional strategies.





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