511HRMMedium
To address the challenges and opportunities they face organisations engage in a process of strategic management. Strategic management is:
Along-term focused and composed of organisational strategy, including strategy formulation and implementation
Bshort-term focused and composed of organisational strategy, including strategy formulation and implementation
Cshort-term focused and composed of the organisation’s mission, vision and value statements
Dlong-term focused and composed of the organisation’s mission, vision and value statements
Correct answer
A. long-term focused and composed of organisational strategy, including strategy formulation and implementation
Explanation
long-term focused and composed of organisational strategy, including strategy formulation and implementation is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.