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5 Cards in this Set
- Front
- Back
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strategic management
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the set of managerial decisions and actionsd that determines the long run performance of a corporation
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phases of strategic management
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1. basic financial planning stage
2. Forecast based planning 3. Externally oriented planning 4. strategic management |
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Basic financial planning
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proposing the following years budget. most information are from the inside of the company
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Forecast based planning
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managemtn planning on budgets that has been forecasted on generally a five year plan
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externally oriented planning
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when managers are fed up with outside political forces and decide to pull a task force together to achieve a particular renovation of the company
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