Strategic Management Fundamentals

The art and science of directing military forces in a battle/war

The process of planning and organizing the resources and activities of a business to achieve specific goals (correct)

The action that managers take to attain one or more of the organization's goals

A broad long-term plan designed to achieve the overall objectives of an organization

What is the present position of the firm

How to analyze the origin of the word/concept of strategy (correct)

How to achieve the future position

What should be the future position of the firm

Greek word 'strategos' (correct)

General management

Military forces

Organizational objectives

<p>Positioning and relating the firm to IT</p> Signup and view all the answers

<p>To achieve specific goals</p> Signup and view all the answers