Not recognizing and understanding the relationships among functional areas of business can be beneficial to strategic management.

Question

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Recognizing and understanding the relationships among functional areas of business is crucial for strategic management, as it helps in aligning the different areas towards the common goal and making informed decisions. Neglecting these relationships can lead to siloed thinking, lack of communication and coordination, and ultimately, inefficiencies and missed opportunities.

Not Recognizing and Understanding the Relationships Among Functional Areas of Business