Which of the following is a reason why it is important for students to study strategy and the strategic management process?
A) Studying strategy and the strategic management process can give students tools to evaluate the strategies of firms that may employ them.
B) It can be very important to a new hire's career success to understand the strategies of the firm that hired them and their place in implementing these strategies.
C) While strategic choices are generally limited to very experienced senior managers in large organizations, in smaller and entrepreneurial firms many employees end up being involved in the strategic management process.
D) All of the above.

Question

Quizplus · Accepted Answer

All of the options provided are valid reasons why it is important for students to study strategy and the strategic management process. Studying strategy can provide students with the tools to evaluate the strategies of firms that may employ them. Understanding the strategies of the firm that hired them and their place in implementing these strategies can be crucial to a new hire's career success. Additionally, while strategic choices are generally limited to very experienced senior managers in large organizations, in smaller and entrepreneurial firms many employees end up being involved in the strategic management process. Therefore, it is important for students to study strategy and the strategic management process to be prepared for a variety of career paths and positions within an organization.

Which of the Following Is a Reason Why It Is