Importance of strategic management , Strategic Management

Discuss What is the importance of strategic management towards the success of a business?

Ans) Strategic management used to play a dissimilar after the Second World War. Strategic plans of the past generally range 3 to 5 years. Some companies could even have plans for 10 good years. That is not possible today given rapid evolution of our society.

 

Posted Date: 4/1/2013 1:26:15 AM | Location : United States







Related Discussions:- Importance of strategic management , Assignment Help, Ask Question on Importance of strategic management , Get Answer, Expert's Help, Importance of strategic management Discussions

Write discussion on Importance of strategic management
Your posts are moderated
Related Questions
A transport company must collect and deliver loads from and to various locations along a straight road (call it the x -axis). The truck must start and end each day at the origin (t

Advantages and disadvantages 1. Advantages There are some benefits that Aldi can get from short term objectives such as allow development or small format supermarkets in edg

TFX is a multinational company which manufactures and retails branded designer clothing with business units in a number of different countries globally. Up unless now, each of the

Q. Show the Arguments against the controllability principle? -  Political arguments may occur over such costs which are more subjective than objective when determining controll


Q. Explain Performance ratios - Return on capital employed? Return on capital employed (ROCE)    = (Profit before interest and tax (PBIT) / Capital employed) x 100%     The

Question 1: Read the article in the assigned Reading, “Management: A Journey in Progress.” Which do you think are the most enduring management principles and management responsibil

Ray's Satellite Emporium wishes to verify the best order size of their best selling satellite dish (model TS111).  Ray has estimated the yearly demand for this model at 1,000 units

A squeeze on credit fall in house prices and tumbling stock markets are all reinforcing a slump in consumer confidence, consumption and investment in the EU FS sector. In order to

Q. Calculate the Price earnings ratio? Price earnings (PE) ratio PE   = (Market share price/EPS)                     (no. of times) The PE ratio is most widely quoted inv