Define Strategic Management.

1.	Define Strategic Management.
Answer» Strategic MANAGEMENT is the process where managers establish an organization’s long-term direction, set the specific performance objectives, DEVELOP STRATEGIES to achieve these objectives and UNDERTAKE to execute the chosen action plans. Strategic management is the process where managers establish an organization’s long-term direction, set the specific performance objectives, develop strategies to achieve these objectives and undertake to execute the chosen action plans.

Answer»

Strategic MANAGEMENT is the process where managers establish an organization’s long-term direction, set the specific performance objectives, DEVELOP STRATEGIES to achieve these objectives and UNDERTAKE to execute the chosen action plans.

Strategic management is the process where managers establish an organization’s long-term direction, set the specific performance objectives, develop strategies to achieve these objectives and undertake to execute the chosen action plans.

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Define Strategic Management.

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