As more industries become global,strategic management is becoming less important in positioning a company for long-term competitive advantage.

Question

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Strategic management is becoming increasingly important in positioning a company for long-term competitive advantage, particularly in a globalized economy where competition is fierce. A company's ability to effectively identify and pursue strategic opportunities, allocate resources, and adapt to shifting market conditions is critical in maintaining a competitive edge. Therefore, strategic management remains a crucial component of success in today's rapidly evolving business environment.

As More Industries Become Global,strategic Management Is Becoming Less Important