The principal distinction between the conventional and strategic management approaches to issues management is
A)how broadly the idea of issues in conceived to be.
B)how broadly responsibility for issues management is spread.
C)how broadly the firm defines who its stakeholders are.
D)how many issues are being managed at one time.

Question

Quizplus · Accepted Answer

The principal distinction between the conventional and strategic management approaches to issues management is how broadly the idea of issues is conceived to be. Conventional management tends to focus on reactive responses to specific issues as they arise, while strategic management takes a proactive approach by anticipating and addressing potential issues that could affect the organization's long-term success. This difference in perspective leads to different approaches to analyzing and addressing issues, and different levels of involvement from various stakeholders.

The Principal Distinction Between the Conventional and Strategic Management Approaches