Examlex
Which of the following is a function of strategic management:
Porter
Refers to Michael E. Porter, a prominent figure in economics and business strategy, known for his theories on competition and the value chain.
Failures of Process
Situations where an established procedure or workflow does not operate as intended, leading to inefficiencies, errors, or undesired outcomes.
Environmental Opportunities
Circumstances or trends in the environment that can be leveraged for strategic advantage or innovation.
Organizational Strengths
Organizational strengths are the unique resources, capabilities, and positive attributes that enable an organization to achieve its goals and maintain a competitive advantage.
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