Understanding is the most important benefit of strategic management,followed by commitment.

Question

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Understanding is crucial in strategic management as it ensures everyone involved in implementing the strategy comprehends the objectives and how to achieve them. Commitment is also essential as it ensures all employees are fully committed to achieving the goals by providing their time, energy, and resources towards the strategy. However, understanding comes first as it sets the stage for successful commitment.

Understanding Is the Most Important Benefit of Strategic Management,followed by Commitment