Strategic Management Basics

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Questions and Answers

Strategic management focuses on remark and dereligent and rang manayowns notring funding prin and per cond The ____________ three stages.

strategie-management

Strategic management can be defined as the art and science of formulating, implementing, and evaluating ____________

strategies

Strategy formulation inciades developing a vision and ____________

misalon

Strategy implementation requires a firm to establish nanual objectives, devise policies, motivate employees, and allocate ____________

<p>resourees</p> Signup and view all the answers

Peter Drucker says the prime task of strategic management is thinking through the overall mission of a ____________

<p>business</p> Signup and view all the answers

Edward Deming once said, 'In God we trust.All others bring ____________'

<p>data</p> Signup and view all the answers

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