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Strategic management is a process for achieving strategic goals, given available

Strategic management is a process for achieving strategic goals, given available environmental and internal conditions. It falls in the purview of Top Management. Which of the following statements iscorrect regarding Strategic Management?

[A]It seeks to maximise profit


[B]It identifies areas where the organisation can build a competitive advantage


[C]It is short-term in nature


[D]It has little relevance to small organisations

Dec 13 2017 View more View Less

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