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What is Business Policies and Strategic Management about?

Business policies guide organizational decisions and actions, while strategy focuses more externally on competitiveness. Strategic management involves strategic decision-making relating to the environment and guiding internal activities to determine long-term performance. Strategy types include defenders, prospectors, analyzers, and reactors. Policies and strategies are based on legal mandates, vision/mission statements, objectives, programs, profiles, gap analyses, and competitive analyses. Triggering even

Author

laicamaenano

Language

EN