Strategic Management Is the Process of Ensuring an Organization Possesses

question 58

True/False

Strategic management is the process of ensuring an organization possesses and benefits from the use of an appropriate organizational strategy.

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Definitions:

Strategic Planning

Those activities that lead to the statement of goals and objectives and the choice of strategy.

Organizational Vision

A forward-looking statement or declaration that outlines what an organization aims to achieve or become in the future.

Management Openness

The degree to which managers are approachable and willing to listen to feedback and ideas from employees.

Relationship-oriented Attitudes

Perspectives or beliefs that prioritize the importance of interpersonal connections and communication in a \group or organization.