Strategic management includes strategy analysis, strategy formulation, and strategy implementation.

Name: Strategic management includes strategy analysis, strategy formulation, and strategy implementation.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Strategic management is a comprehensive approach that involves analyzing the competitive environment and internal conditions (strategy analysis), developing a plan of action (strategy formulation), and executing the plan (strategy implementation) to achieve organizational goals.

Strategic Management Includes Strategy Analysis, Strategy Formulation, and Strategy Implementation