Which of the following is a reason that strategic management is important?
A) Stockholders demand long-term planning of profits from a stable economic market.
B) Management realised the only way to beat competitors in a static environment is to develop long-term planning.
C) The 1950s and 1960s left a powerful economic machine that needed strategic control.
D) Organisations that use strategic management do have higher levels of performance.
E) The liberal political policies of the early 1970s forced companies to incur tax increases.
Correct Answer:
Verified
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