Explain the reading of "Strategic Management", Chapter 1 and Chapter 9 Kennedy B. Reed.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
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Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Explain the reading of "Strategic Management", Chapter 1 and Chapter 9 Kennedy B. Reed.

Explain the reading of The Art of Strategy: Introduction, pp. 1-35 Hwy-Chang Moon.

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Step 1: introduction to Strategic Management

According to our guidelines, we can attempt only one question, when there is more than 1 different question, and not associated with any case study. Hence I have answered question no. 1 for you. If you'd like to get the answer for the remaining question/s, please post it separately. 

The process of developing, putting into action, and overseeing an organization's plans and strategies to meet its long-term goals and objectives is known as strategic management. It entails deciding on the organization's future course and assigning resources to achieve those goals. A key component of corporate and organizational leadership, strategic management is essential to attaining long-term success. 

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