Strategic Management Process in an Organization
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Added on 2023-04-26
About This Document
In this assignment we will discuss about strategic management and below are the summaries point:-
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The strategic management process involves five steps: goal setting, analysis, strategy formulation, implementation, and strategy evaluation.
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The mission statement explains the overall purpose of the company, while the vision statement explains where the company wants to be in the future.
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Companies should maintain their original mission and vision statement but periodically update them to align with their current goals and objectives.
Strategic Management Process in an Organization
Added on 2023-04-26
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