Adopting strategic management for resource allocation
Question 1: Allocating resources can be a political and an ad hoc activity in firms that do not use strategic management. Why is this true?
Question 2: Does adopting strategic management ensure easy resource allocation? Why? Give examples.
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How may the organization use its value chain to help implement its strategic plan?
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Does adopting strategic management ensure easy resource allocation? Why? Give examples.
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What are the major components of strategic management? Why is each component needed for success?
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