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A company’s strategic priorities must drive how capital allocations are made and the size of each unit’s operating budget.

Company Name: Nike

1.Using the articles and reading textbook search for the article that discuss how a company has revised its pattern of resource allocation and divisional budgets to support new strategic initiatives.

2. 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?

3. Incorporate a minimum of at least one course (Thompson text) and one non-course scholarly/peer reviewed source in your paper.

Textbook Link: 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. ISBN: 978-1-260-07510-6

Must Read Textbook attached

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.