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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
a
to help them accomplish their specific organization objectives
steps process strategic management
environment scanning formulation implementation evaluate
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
a
to help them accomplish their specific organization objectives
steps process strategic management
environment scanning formulation implementation evaluate
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.
the prerequisites for successful strategic management is finance and human resources
In the view of F. Graetz, strategic thinking and planning are "distinct, but interrelated and complementary thought processes" that must sustain and support one another for effective strategic management. Graetz's model holds that the role of strategic thinking is "to seek innovation and imagine new and very different futures that may lead the company to redefine its core strategies and even its industry". Strategic planning's role is "to realize and to support strategies developed through the strategic thinking process and to integrate these back into the business".[3] According to J. M. Liedtka, strategic thinking differs from strategic planning along the following dimensions of strategic management:[8]
plz give me one Q. ans. strategic management in india