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Keeping eye on expenses and goals
Keeping an Eye on Expenses and Goals A balanced record of plans and policies in relation with operational moves are used to evaluate the business's overall performance. Starting from the…
Strategic management components
Components of a Strategy Statement The strategy statement of a firm sets the firm’s long-term strategic direction and broad policy directions. It gives the firm a clear sense of direction…
Strategy definition and features
Strategy - Definition and Features The word “strategy” is derived from the Greek word “stratçgos”; stratus (meaning army) and “ago” (meaning leading/moving). Strategy is an action that managers take to…
What is Strategic management
What is Strategic Management? We use the term “strategic management” often, but what exactly does it mean? To some, it might seem obvious, but the reality is that the term…
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