Business Studies, asked by aalianasir2155, 1 year ago

What is the first step in the comprehensive strategic-management model?

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Answered by ayush579
0
A preoccupation with immediate issues can result in a small businesses losing sight of the importance of planning for long-term business goals and objectives. Strategic management refers to a company's formulation, implementation and evaluation of its long-term business plans. Strategic formulation is the first step in strategic management and involves gathering, evaluating and organizing information.
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