Management Study Set 22
Quiz 9: Managing Strategically
The strategic design for how a company intends to profit from its strategies, processes and activities is often called a strategic deployment plan.
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Strategic management consists of the decisions and actions that determine the long-run performance of the organization.
The most fundamental questions about strategy address why firms, facing the same environmental conditions, have varying levels of performance.
Studies indicate that organizations that use strategic management have higher levels of performance.
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