Strategic management helps coordinate the efforts of all department and functional areas of an organization.

Name: Strategic management helps coordinate the efforts of all department and functional areas of an organization.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Strategic management is the process of formulating and implementing strategies to achieve organizational goals. It involves coordinating the efforts of all department and functional areas to ensure they are aligned with the overall strategy and working towards common goals.

Strategic Management Helps Coordinate the Efforts of All Department and Functional