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adelina 88 [10]
1 year ago
5

The strategic management process is the: a. full set of commitments, decisions, and actions firms take to achieve strategic comp

etitiveness and earn above-average returns. b. analysis of the firm's external environment and internal organization to identify external opportunities and threats. c. utilization of the resource-based model of above-average returns to identify the internal resources a company should leverage to achieve strategic competitiveness. d. set of capabilities firms use to respond to various demands and opportunities existing in today's dynamic and uncertain competitive environmen
Business
1 answer:
bija089 [108]1 year ago
8 0

The answer is, full set of commitments, decisions, and actions firms take to achieve strategic competitiveness and earn above-average returns.

<h3>What is the strategic management process?</h3>
  • Setting policies, procedures, and goals in order to increase a company's or organization's competitiveness is the process of strategic management.
  • Strategic management typically focuses on efficiently allocating personnel and assets to accomplish these objectives.

<h3>What are the two major process of strategic management?</h3>
  • The formulation and implementation of strategy are frequently cited as the two main stages involved in strategic management.

<h3>Why is strategic management process important?</h3>
  • For a corporation to succeed in the long run, effective strategic management is crucial.
  • It entails formulating a business strategy with specific goals in mind, making plans for how those goals will be realized, coordinating daily operations with those goals, and allocating the resources required to reach those goals.

Learn more about strategic management process here:

brainly.com/question/24845876

#SPJ4

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informal organization.

Explanation:

An informal organization is the social structure of an institution in which it works  differently from the formal type of organization. In this form of organization social relations are built among the members of same organization or institution. This form of organization functions differently from formal type of organization as it involves building relationships, communities, social network, and emotional connection.

<u>In the given scenario, Nina and Devin shares the informal organizational form of human side. They both work in the same organization and have developed a relationship. Nina has made use of the informal organization to push her agenda. If she would have taken formal organizational form then she would have to work hard to push her agenda and follow the organizational pattern</u>.

Thus the correct answer is informal organization.

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Communication

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Communication is the exchange and flow of information and ideas from one person to another; it involves a sender transmitting an idea, information, or feeling to a receiver

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2 years ago
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Which of the scenarios best reflects the meaning of the term inflation targeting? a) In anticipation of the upcoming election, t
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b) A central bank is expected to achieve a 3% annual inflation rate

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