Which Are The Components Of Strategic Management?

1.	Which Are The Components Of Strategic Management?
Answer» • defining the organization’s BUSINESS and developing a strategic mission, • establishing strategic OBJECTIVES and performance targets, • formulating a strategy to achieve the objectives, • implementing an executing the chosen strategic plan, • evaluating strategic performance and MAKING corrective adjustments. • defining the organization’s business and developing a strategic mission, • establishing strategic objectives and performance targets, • formulating a strategy to achieve the objectives, • implementing an executing the chosen strategic plan, • evaluating strategic performance and making corrective adjustments.

Answer»

• defining the organization’s BUSINESS and developing a strategic mission,
• establishing strategic OBJECTIVES and performance targets,
• formulating a strategy to achieve the objectives,
• implementing an executing the chosen strategic plan,
• evaluating strategic performance and MAKING corrective adjustments.

• defining the organization’s business and developing a strategic mission,
• establishing strategic objectives and performance targets,
• formulating a strategy to achieve the objectives,
• implementing an executing the chosen strategic plan,
• evaluating strategic performance and making corrective adjustments.

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