What is strategic management
Explain the term strategic management?
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Strategic management is defined as the set of managerial decisions and actions which calculate the long-run performance of the corporation. It involves the environmental scanning, strategy implementation, strategy formulation, evaluation and control. The study of strategic management thus underlines the monitoring and evaluation of the external opportunities and threats within the light of strengths of the corporation and its weaknesses.
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Explain the term backward integration?
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Define the term strategic Group?
This is a follow on response to some discussion. There is no words limit, but I recommend writing more than 200. And in the answer, academic reference or citation is needed as well as real time example if possible. In the end, please make a short summary or conclusion if possible. Thanks. The sub
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Define the term Ethics?
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