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According to http://www.townplan.gov.my/muat%20turun/PTK/kursus%20bimbingan/Strategic%20Management.pdf Definition:
• Degree to which participants, responsibilities, authority, and
discretion in decision making are specified Forces affecting degree of formality:
• Size of organization
• Predominant management styles
• Complexity of
• Environment
• Production process
• Problems
• Purpose of planning system
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Degree of formality in strategic planning?
mality in strategic management r
Discuss some forces that influence the formality of strategic management?
The marketing environment, The size of the firm Its financial resourses, capabilities, objectibve,HR
Importance of formality in strategic planning?
Strategic accounting uses the structure and formality of strategic activities in order to have a balance of both financial and non-financial information to promote strategic processes. A high degree of organization is needed in accounting or critical mistakes can occur in strategic planning can occur.
What is strategic management plan list and explain the steps you strategic management process?
steps process strategic management
What are differences between strategic management and strategic management accounting?
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.
Objective of Strategic Management?
Main objective of Strategic Management is to increase profitability
Evolution of business policy and strategic management?
evolution of business policy and strategic management?
Advantages and disadvantages of strategic management?
Strategic management has many advantages and disadvantages. One advantage of strategic management is being able to expect whatever comes up.
What is the Prerequisites for successful strategic management?
the prerequisites for successful strategic management is finance and human resources
Discuss some forces that influence the formality of strategic management systems?
The marketing environment, The size of the firm Its financial resourses, capabilities, objectibve,HR
Why are the functional areas of both marketing and management important to the four phases of strategic management?
importance of an organization's functional areas to the strategic management process and why they must be integrated during the four phases of strategic management
How strategic management is growing in India?
plz give me one Q. ans. strategic management in india
