Which of the following is an accurate statement concerning 'strategic management'?
A)It is effective in both the private and not-for-profit organisations.
B)It does not lead to better organisational performance.
C)It has been around for more than 40 years.
D)It grew out of the Western Electric studies.
E)It was first developed by Peter Drucker.

Question

Quizplus · Accepted Answer

Strategic management is applicable and effective in both private and not-for-profit organizations as it helps in setting goals, analyzing competitive environments, and ensuring efficient resource allocation.

Which of the Following Is an Accurate Statement Concerning 'Strategic