Strategic Management

Topic

Strategic Management

Instructions 

Strategic Management discussion

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Generally, this chapter covers strategic management. According to my understanding of this chapter, I think strategic management is the process in which an organization develops and implements plans that espouse the goals and objectives of the organization. This chapter also highlights that strategic management is the process of cross-functional analysis of business decisions before implementation. At the core of all these it is the creation of values and objectives that guides an organization in pursuit of strategic opportunities. Apart from the strategic management definition and importance, the other important aspect that is interesting in this chapter is the discussion of the key attributes of strategic management.

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