Q. To address the challenges and opportunities they face organisations engage in a process of strategic management. Strategic management is: (Solved)
1. short-term focused and composed of organisational strategy, including strategy formulation and implementation
2. short-term focused and composed of the organisation’s mission, vision and value statements
3. long-term focused and composed of organisational strategy, including strategy formulation and implementation
4. long-term focused and composed of the organisation’s mission, vision and value statements
- c. long-term focused and composed of organisational strategy, including strategy formulation and implementation