A literature review on the development of strategy

35. A literature review on the development of strategy

A classical definition of strategy as a ‘planned’ process is as follows:
… the determination of the basic long-term goals and objectives of an enterprise, and the adoption of courses of action and the allocation of resources necessary for those goals. (Chandler, 1962, p. 13)
With reference to academic literature on the development of the field of strategy, critically evaluate the extent to which this definition remains appropriate today.
*Appendices will not be needed.
*Alphabetic reference list at the end of the document, not numbered footnotes and not a bibliography.
Sources: 3 books/Journals + 2 online resourses

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