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Of involvement in strategic management is shown by the pyramid whereby senior management (at the top) is most associated with strategic management and supervisors and operators are most involved in daily management but only. Looking for top strategic management quizzes play strategic management quizzes on proprofs, the most popular quiz resource choose one of the thousands addictive strategic management quizzes, play and share. Strategic management can also be defined as a bundle of decisions and acts which a manager undertakes and which decides the result of the firm's performance the manager must have a thorough knowledge and analysis of the general and competitive organizational environment so as to take right decisions.
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Strategic management exam questions question -1- what do we mean by the nature of environment and how can we improve our understanding of it answer: the formulation of strategy is concerned with matching the capabilities of the organization to its environment. Best answer: strategic management is the process of specifying an organization's objectives, developing policies and plans to achieve these objectives, and allocating resources so as to implement the plans. Mgt603 strategic management mcqs from quiz s and 70 it was consider to be panacea for problems mgt603 question # 3 the mission statement answers which of the. Strategic management is a consistent level of managerial activity of setting up goals and tactics and ensures a variety of decisions by the top management to successfully achieve those aims or goals in the long term and at the same time providing for adaptive responses in the short term.
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