Question: Managing Strategically 1.Define strategic management and why it is important. 2.Explain what managers do in each of the six steps of the strategic management process.

Managing Strategically 1.Define strategic management and why it is important. 2.Explain what managers do in each of the six steps of the strategic management process. 3.Describe the three types of corporate strategies. 4.Describe competitive advantage and the competitive strategies organizations use to get it. 5.Discuss current strategic management issues

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