Question: Without Strategic Management, an organization is like a ship without rudder, going around in circles. It's like a tramp; who has no place to go

"Without Strategic Management, an organization is like a ship without rudder, going around in circles. It's like a tramp; who has no place to go" (Joel Ross and Michael Kami) QUESTION 1 15 marks a) What are the arguments "For and Against" Strategic Management? b) Identify and explain any FIVE (5) characteristics of Strategic Management. 10 marks 25 marks

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