Which of the best defines strategic management

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Reference no: EM132271029

1. Which of the following is performed in the strategy-formulation stage of the strategic-management process?

A. Developing information systems

B. Preparing budgets

C. Developing a vision and a mission

D. Creating an effective organizational structure

E. Linking pay to organizational performance

2. Which of the following best defines strategic management?

A. The process of strategy formulation, implementation, and evaluation

B. Creating a 5-year plan

C. The wide array of planning models available to organizations

D. The art and science of formulating, implementing, and evaluating cross-functional decisions to achieve the organization's objectives

E. The process of optimizing today's trends for tomorrow

3. What Are the Four Elements of Supply Chain Management?

4. What are the current trends in Supply Chain Management?

5. What are the goals of the Global Supply Chain? 2 Cases.

6. Specify product and service classifications and describe them? 4 Cases.

Reference no: EM132271029

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