tegic management serves as a cutting edge for the entire management process. Without it organizational members would be working at cross purposes. It provides strategic orientation which encourages farsightedness among organizational members facilitating greater teamwork and cooperation. Discuss why situational analysis is imperative in strategic management. Highlight the prominent benefits of str

Management, Loose-Leaf Version
13th Edition
ISBN:9781305969308
Author:Richard L. Daft
Publisher:Richard L. Daft
Chapter9: Managerial Decision Making
Section: Chapter Questions
Problem 1SGB
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Strategic management serves as a cutting edge for the entire management process. Without it organizational members would be working at cross purposes. It provides strategic orientation which encourages farsightedness among organizational members facilitating greater teamwork and cooperation.

  1. Discuss why situational analysis is imperative in strategic management.
  2. Highlight the prominent benefits of strategic planning.
  3. Given the many factors associated with decision making, suggest and explain two ways to deal with complex problems.
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