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Questions and Answers
Which of the following best describes strategic management?
Which of the following best describes strategic management?
- A framework for managing organizations
- A process of planning and implementing business policies and strategies (correct)
- The consequence of planning
- The starting point of planning
What is the importance of strategic management?
What is the importance of strategic management?
- It is a limitation of management
- It is only important for government and not-for-profit organizations
- It is a framework for managing organizations
- It helps organizations achieve their goals and objectives (correct)
At which level does strategy operate in an organization?
At which level does strategy operate in an organization?
- Different levels of the organization (correct)
- Only at the business level
- Only at the functional level
- Only at the corporate level
What is the consequence of planning according to Henry Mintzberg?
What is the consequence of planning according to Henry Mintzberg?
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What is the starting point of strategy according to Henry Mintzberg?
What is the starting point of strategy according to Henry Mintzberg?
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