What is strategic management
Explain the term strategic management?
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Strategic management is defined as the set of managerial decisions and actions which calculate the long-run performance of the corporation. It involves the environmental scanning, strategy implementation, strategy formulation, evaluation and control. The study of strategic management thus underlines the monitoring and evaluation of the external opportunities and threats within the light of strengths of the corporation and its weaknesses.
Explain the term Horizontal Expansion?
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illustrates the integrating backward to get greater competitiveness?
mpact of Globalization in Organizational Behavior (in education section)
What are the value match-ups of LVMH's diversification into luxury goods? What are the opportunities for skills transfer, cost sharing, brand sharing?
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Explain the term Distinctive competency?
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