Strategic Management Quiz

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Questions and Answers

Strategic management provides overall direction to an enterprise.

True (A)

Strategic management involves the formulation and implementation of goals and initiatives by an organization's managers.

True (A)

Strategic management is a static process that does not require monitoring and feedback.

False (B)

Michael Porter identifies two principles underlying strategy.

<p>False (B)</p> Signup and view all the answers

Strategic management models can assist in decision-making in complex environments.

<p>True (A)</p> Signup and view all the answers

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