Brief Introduction
Strategic management is nothing but planning for both predictable as well as unfeasible contingencies.Description
Strategic Management is all about identification and description of the strategies that managers can carry so as to achieve better performance and a competitive advantage for their organization. Strategic Management gives a broader perspective to the employees of an organization and they can better understand how their job fits into the entire organizational plan and how it is co-related to other organizational members.
Requirements
- Requirements
- No prior knowledge is necessary.
Knowledge
- What is Strategic Management
- Explain What is a Strategy
- Describe the Strategy Statement and its Components
- Explain the Steps of Strategic Management Process
- Describe the Components of Strategic Management Process
- Differentiate between Strategy Formulation and Strategy Implementation
- Differentiate between Strategic, Administrative and Operational Decisions
- Describe the Qualities of a Strategic Leader
- Explain What is a Business Policy
- Describe the Structure of BCG Matrix
- Describe the Factors of SWOT Analysis
- Explain Porter’s Five Forces Model of Competition
- Explain What is Corporate Governance
- Explain What is Business Ethics
- Describe the Core Competency Theory of Strategy
Management Study Guide
3.2 Raiting
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Management and financial accounting: Know your numbers 1
- 4.7
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Financial literacy is a fundamental capability for any business leader, whether you are running your own small business/start-up or working at a large organisation....
