A company’s strategic priorities must drive how capital allocations are made and the size of each unit’s operating budget.Use 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) from this week?Submission Details:
- Your analysis should be 500 words or less.
- Incorporate a minimum of at least one course (Thompson text) and one non-course scholarly/peer reviewed source in your paper. All written assignments must include a coverage page, introductory and concluding paragraphs, reference page, be double-spaced and proper in-text citations using APA guidelines.
- Please only use scholarly references.
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.