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Strategic management is an ongoing process of setting an organisation's high-level goals, developing plans of action and effectively allocating resources to execute these plans. Discuss

Strategic management is an ongoing process of setting an organisation's high-level goals, developing plans of action and effectively allocating resources to execute these plans.

Discuss the benefits of strategic management to organisations, in particular to businesses that are highly reliant on technology in their operations. Pls, elaborate. Thanks

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