Mgt 409msu - Study guides, Class notes & Summaries

Strategic Management - Answer-A.) Analysis B.) Decisions-Formulation c.) Actions-Implementation Key attributes of strategic management - Answer--Directs organization toward overall goals and objectives -Includes multiple stakeholders in decision making -Needs to incorporate short-term and long-term perspectives -Recognizes trade-offs between efficiency and effectiveness Analysis - Answer--Strategic Goals(vision, mission, strategic objectives) -Internal and external environment Decision...