Asked by
Shaho Shwani
on Oct 22, 2024
Verified
The strategic management process begins with analysis of mission, values, and objectives.
Strategic Management Process
A systematic approach to planning and guiding an organization’s strategy over time.
Mission
A statement that expresses the organization’s reason for existence in society.
Values
Core beliefs or principles that guide behavior and decision-making within an individual or organization.
- Understand the aim and mechanisms of strategic management, encompassing the creation and execution of strategies.
Verified Answer
MW
Learning Objectives
- Understand the aim and mechanisms of strategic management, encompassing the creation and execution of strategies.
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