How is strategic management different from other types of management?
A) Strategic management has an external focus by its emphasis on the interactions of the organization with its external environment.
B) Strategic management involves the organization's specific resources and capabilities.
C) Strategic management concerns itself with the choice of future direction that the organization is going.
D) Strategic management enables managers to evaluate the organization's internal and external situation and decide future actions to take.
E) All of the answer choices are correct.

Question

Quizplus · Accepted Answer

All of the answer choices are correct. Strategic management is different from other types of management because it takes an external focus, considers the organization's resources and capabilities, makes choices about future direction, and enables managers to evaluate the internal and external situation to decide future actions.

How Is Strategic Management Different from Other Types of Management