$12$:$387$

$15$

Business$\%20$Management$\%203...$

Done

Damel$$n

llue $-$ love $-$ learn leave a legacy

QUESTION$1$

$(30$ marks$)$

$1\mathrm{.}1$ The strategic management concept has evolved overtime and will continue to

$(15)$ make progress. As a result, there is a plethora of definitions and interpretations depending on the authors and sources.

Define the concept of strategic management.

$1\mathrm{.}2$ The strategic$-$management process entails three stages: strategy

$(15)$ formulation, strategy implementation and strategy evaluation. $($David