Importance of strategic management as a process


Question 1: Explain the benefits and importance of strategic management as a process.

Question 2: Give examples of strategic decisions that companies have recently made.

Question 3: Explain why information gathering is an essential element in strategic management process.

Question 4: Name three industries that are currently red oceans? Where do blue ocean opportunities exist?

Question 5: Name any industries or products that would create a "Blue" ocean? Explain.

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Strategic Management: Importance of strategic management as a process
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