Briefly Describe Some of the Important Elements in the Strategic

question 58

Essay

Briefly describe some of the important elements in the strategic management process.

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Definitions:

Understand

Grasping the meaning, significance, or nature of something; comprehending through knowledge or experience.

Information Systems

The combination of technology, people, and processes that manage, process, and provide access to information within an organization.

Information Technology

Utilizing computers, storage solutions, networks, and additional physical hardware, infrastructure, and methodologies to generate, process, safeguard, store, and share every kind of electronic data.

Meaningful

Possessing significant importance or purpose, often leading to a sense of fulfillment or understanding in individuals or contexts.