The major dimensions of strategic management is Allocating the company's limited resources and adapting to changes in the external market.
Strategic management includes setting corporate objectives, observing competitor behavior, reviewing internal organizational structure, analyzing current strategies, and ensuring that strategies are carried out across the corporation. Prescriptive and descriptive strategic management are the two varieties. Strategic management includes setting corporate objectives, observing competitor behavior, reviewing internal organizational structure, analyzing current strategies, and ensuring that strategies are carried out across the corporation. Prescriptive and descriptive strategic management are the two varieties. Strategic management is the process of establishing policies, procedures, and goals to improve a company's or organization's competitiveness.
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