Global Strategic Management : An Organization 's Vision, Mission, Policies, Goals, And Objectives Essay

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GLOBAL STRATEGIC MANAGEMENT INTRODUCTION Strategic management is defined as a process where various strategies and several policies are put into action by the development of programs. Through budgets and processes, the objectives of an organization are identified so that the policies and strategies are developed. The chief executive officer and the executive team are tasked with developing such plans. What direct the whole direction of an enterprise is knowns as strategic management. The factors that affect strategic management are; resources, objectives of the organization and the prevailing circumstances. Strategic management involves procedures that include development, drafting the issues involved, implementation and finally assessing the decisions that affect several functions that are put into use in an organization. Strategy is the main criteria that is employed in the assessment of an organization‘s vision, mission, policies, goals and on their implementation. Long ago strategies were used in local organizations where the objectives and goals of organizations were not globally oriented. But due to the changing times, they are now being implemented in the world stage. Due to this nature of strategic management, it is now commonly referred to as global financial management. BACKGROUND INFORMATION This report contains the finding of a full strategic analysis research carried out on The Renault-Nissan Alliance’s current (2015) strategic position in the Global Automobile

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