Asked by Corey Cuvellier on Sep 26, 2024
An organization's strategy is defined as an integrated and externally-oriented perception of how the organization will achieve its mission.
Strategy
A comprehensive plan or set of actions designed to achieve long-term goals or overall objectives, especially in business or military contexts.
Integrated
The process of combining or coordinating separate elements to work together as a unified whole, enhancing efficiency and effectiveness.
Externally-oriented
A focus or approach that prioritizes external factors, such as market trends and customer needs, over internal issues.
- Comprehend the principles of strategic management and its essential components.
Learning Objectives
- Comprehend the principles of strategic management and its essential components.