 So, ladies and gentlemen very welcome to module 193. Here we are reaching to the point where I can tell you how we can form the strategy formulation and make into the implementation phase and how can we deliver into the implementation phase. So, here is the basis for the comparison then I will lead you to the strategy formulation and then how can we have the implementation. Do you remember that basis for the comparison formulation implementation formulation implementation but the idea must be made by your intuitive, tacit, transmission and knowledge it is must for entrepreneur. Now meaning strategy formulation refers to the preparation of well thought strategy that helps in the achievement of the organization goal and how can we implement it. Now the strategy implementation mean to bring the formulated strategy into action. Then is the concept placement of force before action take place and then in the strategy implementation phase is converted into the managing force at the time of strategy execution. Then process type must be logical and then it could be oppression, emphasis on effectiveness then it could be on efficiency responsibility top management and then goes into the implementation any functional. So, the first strategic level then is a functional level, third is operation level. So, here you have seen top management. Then orientation is the planning and execution is the part of implementation. Implementation is by the hierarchy under the middle management and formulation by the management under the planning phase is under the formulation mean top management. So, this is how we make the implementation of the formulation and formulation strategy into the implementation. Thank you very much.