explain what Mission and Vision is and the importance of Strategic Management in a Limited company as well as the stages in the Strategic Management Process
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explain what Mission and Vision is and the importance of Strategic Management in a Limited company as well as the stages in the Strategic Management Process
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Solved in 3 steps
- How can a firm ensure that their strategic plan remains flexible and adaptable to changing circumstances, while still providing a clear and focused direction for the organization?How does strategic analysis help a firm develop its own strategic position? Why should that position be unique?What are the key steps that organizations can take to develop and implement an effective strategic management process?