Strategic management: It is process for identification and description of the st
ID: 373823 • Letter: S
Question
Strategic management: It is process for identification and description of the strategies by the managers for achieves the better performance and competitive advantage for their organization. It is also defined the bundle of decision and acts which helps to increase the productivity and firm’s performance. It is applicable for both small and large organization because both have to create the strategies for gain the competitive advantages. The important of Strategic management in an organization is so many ways:
Explanation / Answer
In a short essay, explain strategic management and why it is important.