Strategic Management is the key factor of any organization as this involves a process of making decisions for the organization’s goals and objectives and also includes developing effective and efficient plans to achieve the targeted goals and objectives. Strategic management involves making goals, effective and efficient strategies to accomplish, and implementing and monitoring the progress of the plan. Strategic Management is the management which help a organization to create long-term or short-term strategies so that they can reach their mission and vision. Making an effective strategy involves every sector of an organization wheater it is financial, marketing, administration, operational, or execution of a project.
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