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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.
Required:
Briefly outline the steps in strategic management, summarizing what each step tends to involve.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Strategic management involvessetting objectives analyzing the competitive environment analyzing the internal organization evaluating strategies and en...
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Step: 2
Step: 3
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