Strategic Management
Introduction
Strategic Management deals with the formation of strategies inside a given organization. The organization needs to scan the entire environment look into various variables and accordingly frame the strategies. The top-level management decides upon certain objectives on the basis of which the strategies are framed in the organization (Brow, Bessant, & Lamming, 2013). These strategies are then broken down into set of tasks and responsibilities, which every employee on the basis of his level and skills is allotted with this set of tasks and responsibilities. They need to be completed within the given timeframe so as to ensure achieving ...