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What involves the strategic management function?

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 rohith asked almost 3 years ago

Hi, Give a brief description on strategic management function?

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4 Answers
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 narahari answered over 2 years ago

Strategic management is the process where managers establish an organization’s long-term direction, set the specific performance objectives, develop strategies to achieve these objectives and undertake to execute the chosen action plans

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 HIMANSHU answered over 2 years ago

Hello The strategic management function directly involves all managers with line authority at the corporate, line-of-business, functional area, and major operating department levels.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 CA Sandeep Bohra answered almost 3 years ago

--• Strategic management is the process where managers establish an organization’s long-term direction, set the specific performance objectives, develop strategies to achieve these objectives and undertake to execute the chosen action plans --The strategic management function directly involves all managers with line authority at the corporate, line-of-business, functional area, and major operating department levels.

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Open uri20170510 32134 1uwcnoc?1494421631 Shubhangi Jain answered almost 3 years ago

• The strategic management function directly involves all managers with line authority at the corporate, line-of-business, functional area, and major operating department levels.

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