KROGER

The chapter explains that modern strategic control is more flexible and continuing compared to the traditional approach. It focuses on constantly adapting strategy and executing it well through culture, rewards, and processes; meanwhile corporate governance ensures managers act in shareholders’ best interests through boards, incentives, and external oversight. For Kroger, this shows up in how they regularly adjust pricing, supply chain, and product strategy based on market changes, while also relying heavily on store execution and employee performance. In addition, their leadership is held accountable by shareholders, analysts, and competition to stay efficient and profitable.