The strategic management process is__________. the full set of commitments, deci
ID: 454127 • Letter: T
Question
The strategic management process is__________.
the full set of commitments, decisions, and actions required for the firm to achieve above-average returns and strategic competitiveness
a decision-making activity concerned with a firm's internal resources, capabilities, and competencies, independent of the conditions in its external environment
a process directed by top-management with input from other stakeholders that seeks to achieve above- average returns for investors through effective use of the organization's resources
a set of activities that will assure a sustainable competitive advantage and above-average returns for the firm
Explanation / Answer
the full set of commitments, decisions, and actions required for the firm to achieve above-average returns and strategic competitiveness
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