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- Discuss in short the various drawbacks of strategic managementWhat are the key components of an effective strategic planning process, and how do they contribute to the overall success of an organization?What are the key factors that determine the success or failure of strategic management initiatives within an organization?
- How do managers develop strategic plans, and what factors do they consider when evaluating the external and internal environment of the organization? Discuss the key components of a strategic plan, and describe the potential benefits and drawbacks of different strategic planning approaches.What are the main steps involved in strategic planning?What are the key steps that organizations can take to develop and implement an effective strategic management process?
- What are the key principles and objectives of strategic planning, and how can organizations effectively align their long-term goals with their operational activities?Discuss, How can organizations effectively manage conflicting objectives and interests during the strategic planning process?Critically examine the role of strategic management .