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What is Understanding Strategic Management Concepts about?
Strategic management involves 5 stages: discovery, strategy thinking, planning, roll out, and tune up. It integrates management, marketing, finance, and production to help organizations achieve objectives. Strategic management determines long-term goals and plans to achieve them through allocating resources. It operates at 3 levels - corporate, strategic business unit, and functional - to define purpose, compete in particular markets, and implement strategic plans respectively. Analyzing the political, econ
- Author
- Khondaker Fahad Johny
- Language
- EN