Question

Strategic management is a dynamic process give reasons

Answer 1

Strategic management refers to that management which always ensures about the Strategies that have to prepare during business period so that, business cope up with their competitors. Strategic management is dynamic in nature bcx It will be change, whenever business environment changing. Thus this is the main reason that strategic management is a dynamic process..

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Answer 2

Answer:

We make strategies in various aspects of life. ... Competitive advantage of any organisation is never fixed and cannot be unique for a long time, and thus, we can say that strategic management is a dynamic process in order to maintain its competitive advantage so as to achieve their vision and missions.