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You have been speaking to a friend who owns a small business and she has said that she has read something about strategic management and

You have been speaking to a friend who owns a small business and she has said that she has read something about strategic management and that no modern business can afford not to get involved with it. Your friend has little idea what strategic management involves.
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Briefly outline the steps in strategic management, summarizing what each step tends to involve.

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Strategic management involvessetting objectives analyzing the competitive environment analyzing the internal organization evaluating strategies and en... blur-text-image
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