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What is Unit 1 about?

Strategy is a long-term plan for organizations to achieve objectives through resource allocation and environmental adaptation. Strategic Management involves formulating, implementing, and evaluating strategies to meet goals, focusing on continuous and dynamic processes. The document also distinguishes between corporate and strategic planning, outlines levels of strategic management, and emphasizes the importance of strategic management in the context of globalization and digital transformation.

Author

mdirfank369

Language

EN