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Describe the Strategic Management Process and Identify the Six Stages

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Describe the strategic management process and identify the six stages in the process.


Definitions:

Assimilation

The cognitive process of fitting new information into existing cognitive schemas, perceptions, and understanding.

Accommodation

In cognitive psychology, the process of altering one's existing schemas, or ways of thinking, as a result of new information or experiences.

Equilibration

The process by which individuals balance assimilation and accommodation to create stable understanding in cognitive development.

Symbolic Image

A representation that stands in for something else, conveying meaning through association or resemblance, often used in communication and thought processes.

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