What Are the Key Elements of the Strategic Management Process

question 63

Essay

What are the key elements of the strategic management process?

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Definitions:

World Economy

The global network of economic activities and transactions, encompassing all the economies of the world's nations and influencing international trade and finance.

Church Committee

A U.S. Senate committee in the 1970s that investigated abuses by the CIA, NSA, FBI, and IRS, leading to reforms and greater oversight of intelligence agencies.

Cold War

A period of geopolitical tension between the Soviet Union and the United States and their respective allies, roughly from the end of World War II to the dissolution of the Soviet Union in 1991.

Abusive Actions

Behaviors that intentionally cause harm or distress to a person, which can include physical, emotional, sexual, or psychological abuse.