Questions and Answers
What encompasses the study of Strategic Management?
Strategy formulation, implementation, and evaluation
Which phase involves devising the strategy or few strategies?
Formulation of Strategy
What is the role of Strategic Management in shaping the future of a business?
Decentralized management
Which aspect is NOT included in the 4 Phases of Strategic Management?
Signup and view all the answers
What emphasizes monitoring external opportunities and threats in light of strengths and weaknesses?
Signup and view all the answers
What defines Strategic Management as a dynamic process?
Signup and view all the answers
