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What is Strategic vs. Operational Management Insights about?

Strategic management involves conceptualizing organization-wide issues and developing new directions and resources for the long term. Operational management focuses on existing strategies, resources, and day to day issues. There are three levels of strategy - corporate, business unit, and functional. Corporate strategy defines the business and deployment of resources. Business unit strategy creates competitive advantage in selected industries. Functional strategy implements corporate and business unit strat

Author
Shubham Verma
Language
EN

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