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Vermont Teddy Bear Co.

   
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Title: Vermont Teddy Bear Co.
 
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Subject: Business
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Date: December 12, 2002
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Length: 5 / 1385
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To do this, they often request that the different divisions within the organization propose their own strategic plans (Wheelen, et al. p. 36). This allows top management to compile and evaluate these proposals in order to create an overall corporate strategy...
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When considering the Vermont Teddy Bear Company, it seems that the most appropriate scenario would be for a top-down approach to strategy planning. This is because the company is not exactly a multi-divisional organization as they essentially produce one line of products...
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