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Benefits of Strategic Management

Strategic management helps organizations achieve their long-term goals. It involves analyzing external and internal factors that could impact the business, setting objectives and strategies to take advantage of opportunities and manage threats, and allocating resources effectively to implement strategies. When done properly, strategic management provides direction for an organization and increases its chances of success.

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Redwan Ferdous
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0% found this document useful (0 votes)
104 views

Benefits of Strategic Management

Strategic management helps organizations achieve their long-term goals. It involves analyzing external and internal factors that could impact the business, setting objectives and strategies to take advantage of opportunities and manage threats, and allocating resources effectively to implement strategies. When done properly, strategic management provides direction for an organization and increases its chances of success.

Uploaded by

Redwan Ferdous
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOC, PDF, TXT or read online on Scribd
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Benefits of Strategic Management

Name of Subject: Strategic Management

Submitted By Redwan Ferdous ID: 122-503-042 Program: MBA Batch: 16th

Submitted To Md. Kayem Uddin Head of Department Department of Business Administration,

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