define strategic fit?
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❤️Strategic fit expresses the degree to which an organization is matching its resources and capabilities with the opportunities in the external environment. The matching takes place through strategy and it is therefore vital that the company has the actual resources and capabilities to execute and support the strategy.
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Strategic fit is an often-used term in strategic goals. It is a crucial part of strategic process management. ... By achieving strategic fit, a company ensures its ability to establish a balance between responsiveness and efficiency that fulfills the demands of its target customers.
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