Strategy is a child of context. discuss Is strategic management art or science?
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Strategy is a child of context. discuss
Is strategic management art or science?
Step by step
Solved in 2 steps
- 1. Create a clear diagram of the concept of strategic management with a label. 2.Disscuss the 6 point of strategy -direction -market scope -competitive advantage -resources -environment -stakeholders 3. Why do you have to understand the different strategies in the levels of management hierarchy?Should strategic managers adopt a scientific perspective or an artistic perspective on strategy? Explain.Explain the role of strategy in management?
- Explain the differences between corporate, business strategy and functional strategy. How each of the strategy types is connected with each other? (500-600 words)Why is it necessary for top management to communicate strategy to lower levels? AsapWhy is it necessary for senior management to communicate strategy to lower levels?
- Identify types of organizations that may need to evaluate strategy more frequently than others. Justify your choices?Identify types of organizations that may need to evaluate strategy more frequently than others. Justify your choices. Explain in details ?which is more important in an organization. CULTURE or STRATEGY Does the culture of an organization drive strategy? Or does strategy drive the culture?