3 Questions
What is the definition of strategy according to Chandler?
The determination of basic long term goals and objectives of an enterprise and the adoption of courses of action and the allocation of resources for carrying out these goals
What is the primary focus of strategic management?
Long term goals and objectives
What does strategic management determine?
The long term performance of a company
Test your knowledge of strategic management with this quiz! Explore key concepts, principles, and decision-making processes that drive the long-term success of enterprises. Whether you're a student or a professional, challenge yourself with questions on strategic goals, resource allocation, and more.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free