Strategic Management
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Chapter 1: The nature of strategic management 1.1 Describe the strategic management process 1.) The focus of strategic management is on: the integration of all the functional areas of the business to achieve organizational success. 2.) A strategic plan is primarily designed to: gain and sustain competitive advantage. 3.) The purpose of strategic management is: to exploit and create future opportunities. 4.) Which of the following best defines strategic management? The art and science of f...
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Chapter 1: The nature of strategic management 1.1 Describe the strategic management process 1.) The focus of strategic management is on: the integration of all the functional areas of the business to achieve organizational success. 2.) A strategic plan is primarily designed to: gain and sustain competitive advantage. 3.) The purpose of strategic management is: to exploit and create future opportunities. 4.) Which of the following best defines strategic management? The art and science of f...