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They address the issues of who has the major influence in the strategic management process and how the process is carried out.
Formulation of strategy takes place at four levels.
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The term 'strategic management' is used to denote a branch of management that is concerned with the development of strategic vision, setting out objectives, formulating and implementing strategies and introducing corrective measures for the deviations (if any) to reach the organization's strategic. Strategic management is the comprehensive collection of ongoing activities and processes that There are many different frameworks and methodologies for strategic planning and management. Strategic management is a crucial field in management that all upcoming organizations should embrace in a bid to remain useful.
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