The Four Key Attributes of Strategic Management Include the Idea

question 52

Multiple Choice

The four key attributes of strategic management include the idea that a

• A) strategy must be directed toward overall organizational goals and objectives.
• B) strategy must be focused on long-term objectives.
• C) strategy must be focused on one specific area of an organization.
• D) strategy must focus on competitor strengths.

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Definitions:

Henry Mintzberg

A renowned management theorist known for his work on business strategy and organizational structures.

Managerial Roles

involve the functions and responsibilities assumed by managers in steering organizations toward their objectives.

Interpersonal Roles

Functions that involve direct interaction and communication with others within the context of a job.

Action Priorities

The ordering of tasks or initiatives by importance and urgency to ensure strategic objectives are met efficiently.