Examlex
The strategic management processes of analysis and formulation are strictly sequential: Analyses must be completed before formulation and not revisited once a strategy has begun to be created.
Lower-level Managers
Managers who are at the first or intermediate levels of an organization's hierarchy and are directly responsible for overseeing operational activities and supervising frontline employees.
Broader Objectives
Goals or aims that are more inclusive and wide-ranging, extending beyond specific, narrow targets to encompass wider organizational or societal aims.
Long-range Objectives
Goals set by an organization to be achieved in the long term, often spanning over several years, focusing on the desired future position of the company.
Priority
The fact or condition of being regarded or treated as more important than others.
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