This document discusses various strategies that an organization can formulate including concentration strategies, stability strategies, growth strategies like horizontal integration, and retrenchment strategies. It evaluates the BCG matrix and discusses human resource strategy, constraints in strategy formulation, and criteria for strategy selection. The conclusion is that an organization must look at all aspects of its structure and market viability when formulating a strategy for each department to meet organizational objectives.

1. Chapter # 4 Formulating Strategy Presented By: Severance

4. Concentration Strategy:

5. Stability Strategy:

6. Growth Strategies:

7. Horizontal integration:

9. Retrenchment strategies:

12. Evaluation of the BCG Matrix:

19. Human resource strategy:

20. Strategy Formulation Constraints:

21. Strategy selection Criteria:

22. By summing up all this discussion I have come to a conclusion that when ever an organization needs to formulate a strategy it must look in to all aspects of its structure. Then according to the nature of organization and the market viability a strategy must be formulated for all the concerning departments that must serve the objectives of the organization