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In order to remain competitive in the contemporary business environment, several firms have started training their employees to stop viewing problems as strictly functional -
In order to remain competitive in the contemporary business environment, several firms have started training their employees to stop viewing problems as strictly functional that is as only a marketing problem, or an accounting problem, for example. What does this trend illustrate about strategic management?
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There has been a renewed emphasis on integrative thinking and solving problem crossfunctionally.
Functional barriers are an inherent part of a company's value chain.
Firms are increasingly seeing the value of business analytics.
StrengthsWeaknessesOpportunitiesThreats SWOT analysis is designed to break down functional barriers.
Management doesnt understand how a firm works in the real world.
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