The four key attributes of strategic management include the idea that strategy must
A) be directed toward overall organizational goals and objectives.
B) be focused only on long-term objectives.
C) be focused on only one specific area of an organization.
D) focus only on competitor strengths.

Question

Quizplus · Accepted Answer

The key attributes of strategic management are that it directs the organization toward overall goals and objectives, includes multiple stakeholders in decision making, needs to incorporate short-term and long-term perspectives, and recognizes trade-offs between efficiency and effectiveness.

The Four Key Attributes of Strategic Management Include the Idea