The advantages of strategic management are as follows: discharges board responsibility, forces an objective assessment, provides a framework for decision-making, supports understanding and buy-in, enables measurement of progress, and provides an organizational perspective. There are also disadvantages of this system: expense, flexibility Impediment, and future plans might not turn out as planned.
there r various challenges to strategic management like:GlobalizationLiberalizatione-commercecorporate social responsibilitymanagement of diversity6. health7.recession
Define international management ? Bring out its benefits Price discrimination is indistinguishable from dumping? Discuss
steps process strategic management
Supply chain management is strategic and tactical for manufactures. The manufacturer can save time and money using supply chain management with features that moniter and validate.
The marketing environment, The size of the firm Its financial resourses, capabilities, objectibve,HR
Strategic management uses strategy, including strategic thinking to make all decisions, often through the lens of a strategic plan. Strategic management accounting is strict focused on fiscally related decisions, also as aligned with the organization's strategic direction.
Main objective of Strategic Management is to increase profitability
evolution of business policy and strategic management?
Strategic management has many advantages and disadvantages. One advantage of strategic management is being able to expect whatever comes up.
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the prerequisites for successful strategic management is finance and human resources
Paul Hackleman has written: 'Public employee benefits' -- subject(s): Civil service, Employee fringe benefits, Personnel management, Strategic planning