![]() One of the first things that management thought and practice discuss is vision and mission statements. It gives the firm a clear sense of direction and a blueprint for the firms activities for the upcoming years. ![]() The strategy statement of a firm sets the firms long-term strategic direction and broad policy directions. Read More Components of a Strategy Statement Read More Strategy - Definition and FeaturesĪ strategy is all about integrating organizational activities and utilizing and allocating the scarce resources within the organizational environment so as to meet the present objectives. Study in detail about Strategic Management Concepts, Strategic Decisions, Strategy Statement etc. ![]() Strategic Management is about the strategies that managers carry to achieve better performance.
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