The Stage of Strategic Management That Involves the Planning and Decision

question 86

Short Answer

The stage of strategic management that involves the planning and decision making that lead to the establishment of the organisation's goals and of a specific strategic plan is known as _____________________ (two words).

Distinguish between the types and purposes of macro actions.

Acquire skills to enhance database interaction and automation through the use of macros.

Understand where and how to manage data macros in Access.

Recognize and explain the purposes of different table events in Access.

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Definitions:

General Environment

The broad external conditions that affect organizations, including economic, legal, technological, and cultural factors.

External

Referring to factors, forces, situations, or inputs that exist outside of the organization and can impact its performance and strategies.

Competitive Advantage

Competitive Advantage is a condition or circumstance that puts a company in a favorable or superior business position compared to its competitors.

Patented Expertise

Specialized knowledge or skills that have been legally protected by patents, preventing unauthorized use.