Strategic management is a critical aspect of business that enables organizations to develop long-term plans adapt to environmental changes and achieve competitive advantages. This book provides a structured approach to understanding strategic management concepts processes and their application in real-world business scenarios. Designed for undergraduate students the content covers essential topics such as strategy formulation corporate governance environmental analysis and strategy implementation ensuring a well-rounded understanding of the subject.The study of strategic management begins with an introduction to strategy its importance and the strategic management process. A well-defined strategy provides a roadmap for an organization's growth and success.
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