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What is What Is Strategic Management about?
Strategic management is the ongoing process of formulating, implementing, and evaluating decisions that guide an organization towards achieving its objectives, taking into account both internal and external environments. It encompasses various functional areas and is primarily the responsibility of top-level management, focusing on setting vision, mission, and strategic goals. The process includes environmental scanning, strategy formulation, implementation, and evaluation to adapt to competitive pressures
- Author
- chukwunaruumia187
- Language
- EN