Strategic Management Fundamentals

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Which one of the following best defines strategic management?

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

Which one of the following is NOT one of the three main aspects of strategy?

How to analyze the origin of the word/concept of strategy

Where does the concept of strategy in business come from?

Greek word 'strategos'

According to H.L. Ansoff, strategic management is a systematic approach to what responsibility of general management?

Positioning and relating the firm to IT

What is the overall objective of an organization?

To achieve specific goals

Test your knowledge on strategic management with this quiz! Explore the process of planning and organizing resources to achieve specific goals, as well as the concept of strategy and its three main aspects. See how well you understand the fundamentals of effective and efficient business management.

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