Individual Brief for group project Members will prepare and share with their team a brief (maximum 500...

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General Management

Individual Brief for group project
Members will prepare and share with their team a brief (maximum500 - 750 word) report
that examines whether, how, and why strategic managementis/could/should be relevant
and important for the specialization, they have pursued in thisdegree program.

(Master of Science in Management w/specialization in ProjectManagement)

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Strategic Management is the process of assessing what we are and deciding and implementing what we intend to be and how we are going to get there 1It provides theme and focus of the future direction of the organization 2It supports consistency of action at every level of the organization 3It encourages integration because effort and resources are committed to common goals and strategies 4It positions the organization to meet the needs and requirements of its customers for the long term Two major dimensions of strategic management are 1Responding to changes in external environment This is by allocating scarce resources of the firm to impove its competitive position and constantly monitoring external enviroment for the changes in a dynamic competitive environment 2Internal Responses to new action programs This See Answer

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Individual Brief for group project Members will prepare and share with their team a brief (maximum 500...

80.2K

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General Management

Answer & Explanation Solved by verified expert

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