What are the characteristics of an effective control system, Strategic Management

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QUESTION

Strategic decisions are the essence of strategic management. According to Pears & Robinson, typically, strategic issues have certain dimensions. Write
short notes on each of the six dimensions of Strategic decision

QUESTION

The once all-powerful and all-conquering profit motive has been slowly but surely yielding place to a broad-based and more enlightened policy of commitment to social welfare measures. What are the areas in which business can effectively discharge its social obligations?

QUESTION

The most important purpose of strategic control is to help Top Management achieve organizational goals through monitoring and evaluating the strategic management process

(a) What are the four types of strategic control? Write briefly on each one of them

(b) What are the characteristics of an effective control system?


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