Sunday, August 1, 2010

The Nature of Strategic Management

Objectives:

* To Define “Business Planning” or “Strategic Management.”
* To understand 3 stages of strategic management & its benefits.

The term “Strategic Management” is often used in academia, whereas “Strategic Planning” is often used in the business world. In some colleges and universities, “Strategic Management” is a subtitle of “Business Policy” course.

The Definition of Strategic Management or Business Planning.

Strategic management can be defined as the art and science of formulating, implementing, and evaluating cross-functional decisions that enable an organization to achieve its objectives.

1 comments:

porta said...

You are one straightforward writer. I enjoyed reading your article and taking in all the interesting information. I share your thoughts on many points in this content. This is great.



Depository trust company

Post a Comment

Related Posts with Thumbnails