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Strategic Management Is the Process of Determining the Right Mix

question 68

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Strategic management is the process of determining the right mix of operating activities for the type of organization, its plans, and its markets.


Definitions:

Biotic Portion

The segment of an ecosystem that consists of all living organisms, including plants, animals, and microorganisms, and their interactions.

Inclusive Components

Parts or elements designed to be accessible and usable by as wide a range of people as possible, including those with disabilities.

Primary Consumer

An organism that feeds directly on producers, such as plants or algae, occupying the second trophic level in a food chain.

Omnivore

An organism that eats both plants and animals as its primary source of food.

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