Which of the following is not an advantage of strategic management?
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Advantages of Strategic Management Process:
- Creating a better future: ...
- Identifying strategic directions: ...
- Make Better business decisions: ...
- Business Longevity: ...
- Increasing market share and profitability: ...
- Avoiding competitive convergence: ...
- Financial benefits: ...
- Non-financial benefits:
.
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It helps improve the political, economic, social and technological environment of the organisation which is not an advantage of strategic management.
Advantages of Strategic Management Process:
- Creating a better future
- Identifying strategic directions
- Make Better business decisions
- Business Longevity: ...
- Increasing market share and profitability
- Avoiding competitive convergence
- Financial benefits
- Non-financial benefits
Hence, It aids in the improvement of the organization's political, economic, social, and technological environment, which is not a benefit of strategic management.
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