Which of the following is not a characteristics of strategic management that makes it different from other types of management
Answers
Answer:
Characteristic of strategic management that does not makes it different from other types of management is that it concerns the present direction of the organization.
Answer:
Concept:
Strategic management is the design and implementation of key goals and initiatives on behalf of users by an organization's managers, based on resource concerns and an evaluation of the group's internal and external environments. Strategic management is the process of defining an organization's goals, formulating policies and plans to attain those goals, and allocating resources to put those plans into action. Academics and practising managers have developed a number of models and frameworks to enhance strategic decision-making in complicated situations and competitive dynamics. The models can incorporate a feedback loop to assess execution and guide the next cycle of planning because strategic management is not a static process.
Given:
Which of the following is not a distinguishing feature of strategic management over other styles of management?
Find:
we have to find the answer
Answer:
The answer is: It concerns the present direction of the organization.
=> Strategic management is distinguished from other types of management by the fact that it is concerned with the organization's current orientation.
Strategic planning differs from strategic management, which refers to a series of decisions and activities performed by top-level executives to achieve corporate objectives. Strategic decisions differ from other sorts of decisions in that they are large-scale, resource-intensive, long-term, and uncertain. The organisation and its employees are guided by strategic management. Unlike one-time strategic planning, effective strategic management continuously plans, evaluates, and tests an organization's activities, resulting in greater operational excellence, market share, and profitability.