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One of many definitions of strategic management could suggest that it is a set of ideas and plans made by chief executives trying to achieve certain long-term advantages for an organisation. This would be true in very generic terms but strategic management outlines much more. It is important to understand the necessity for strategy in business as well as the broad external environment in which corporations operate, and which can and will influence such organisations...
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One of many definitions of strategic management could suggest that it is a set of ideas and plans made by chief executives trying to achieve certain long-term advantages for an organisation. This would be true in very generic terms but strategic management outlines much more. It is important to understand the necessity for strategy in business as well as the broad external environment in which corporations operate, and which can and will influence such organisations...
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General points of the essay
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