Define the term Strategic management
Briefly define the term Strategic management and also state the reason why it is designed?
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The Strategic management is mainly designed to give a business with an apparent sense of reason and to make sure that suitable action is taken to accomplish that aim. The action taken must link the internal resources of the business to the exterior atmosphere of competitors, suppliers, customers and so forth. This must be completed in such a way that any business strengths, like having an expert workforce, are exploited and any weaknesses, like being short of investment finance are not exposed.
Briefly describe the main purpose of the business?
Give circumstances in which the fixed capital of partners might change. Answer: Two circumstances in which the fixed capital of Partners might change are as follows:
Investor Relations: A department, exist in most medium to big public companies, which gives investors with a precise account of the company's affairs. This aids investors to make informed sell or buy decisions. Inv
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Write down a short note on determining costs and benefits in decision making process?
Q : What are the steps involved in Process ACCOUNTING PROCESS: The process of Accounting involves the following steps: Q : Management accounting as an information Explain Management accounting as an information system in brief?
ACCOUNTING PROCESS: The process of Accounting involves the following steps: Q : Management accounting as an information Explain Management accounting as an information system in brief?
Explain Management accounting as an information system in brief?
Support Costs: Costs of activities are not directly related with the production. Typical illustrations are the costs of automation support, postage, communications, process engineering, and purchasing.
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