Objective: Explain in terms of the resulting benefits why an organization should engage in strategic management.

Mindset: Understand the value of strategic management.

Instructions

Good strategic management can provide an organization with many benefits, both financial and non$-$financial. Knowing these benefits will help you, as a manager, better understand the importance of the strategic management process. You will want to look at the historic and general benefits of strategic management, as well as the specific financial and non$-$financial benefits that the strategic management process can provide an organization.

 

 

 $1.$explaining the general, financial, and non$-$financial benefits of utilizing the strategic management process. 

 

$2.$ Include at least two scholarly sources.

Answer rating: 100% (QA)

Engaging in strategic management can provide an organization with a range of benefits both financial ... View the full answer