What are objectives, what role do they play in the strategic management process and what...
Question:
What are objectives, what role do they play in the strategic management process and what differentiates high quality objectives from low quality objectives?
Strategic Management
Strategic management can be defined as the formulation of the course of action to be followed by the organization to achieve its goals. The strategy of the organization is formulated keeping in mind the various strengths and weaknesses, and the available resources of the organization. Strategic management is followed in the boundaries of the various policies and values of the organization.
Answer and Explanation:
Become a Study.com member to unlock this answer! Create your account
View this answerObjectives are the various goals or aims that a company lays down so that they are able to achieve them. Objectives define the purpose of the...
See full answer below.
Learn more about this topic:
from
Chapter 10 / Lesson 18Strategic project management uses the big picture to identify the marginal improvements to company efficiency from given projects. Learn this process of outlining direction, responsibilities, plans, implementation, and closing.