Explain the Three Major Phases That Compose the Strategic Management

question 10

Essay

Explain the three major phases that compose the strategic management process.

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Definitions:

Judging And Perceiving

Two contrasting approaches to dealing with the world: Judging implies a preference for a structured, decided lifestyle, while Perceiving indicates a flexible, adaptable approach.

Planning

The process of setting goals, defining strategies to achieve those goals, and developing plans to integrate and coordinate activities.

Adaptability

The ability of an individual or organization to adjust to changes or new conditions in their environment.

Neuroticism

A personality trait that involves being tense, moody, irritable, and temperamental.