What is strategic management What are the roles of mission and vision statements in strategic management

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What is strategic management What are the roles of mission and vision statements in strategic management? Can an organization have a successful strategic plan without effective mission and vision statements? Why or why not? ANSWER:

The importance of strategic management is making decisions that will help a company succeed in their companys goals. Strategic management is a process of constantly adjusting and changing plans to go along with new information. It is management job to make sure that strategies are created and followed through so there can be a visualized future. The role of the mission statements in strategic management announces their purpose and goals in a society. The vision statement list ideas of what and where the company wants to be in the future. It list the...

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Published On:
07/07/2019
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