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____ requires information to assess the environment and to project future events and conditions.

A.strategic management
B.tactical management
C.operations management
D.operations and business event processing

1 Answer

1 vote

Final answer:

Strategic management requires information to assess the environment and to project future events and conditions. It emphasizes long-term planning and aligning the company's strategies with its external environment.

Step-by-step explanation:

The requirement of using current knowledge to forecast likely consequences if ongoing landscape change occurs and developing scenarios as a means to consider alternative future options aligns closely with strategic management. This aspect of management involves long-term planning and consideration of the broader external environment within which a business operates. The goal of strategic management is to align the company's mission, vision, and goals with its external environment to ensure long-term success and sustainability.

Contrastingly, tactical management relates to shorter-term actions and decisions targeted at achieving specific parts of a strategic plan. Operations management focuses on the efficiency and effectiveness of day-to-day business operations, which is different from forecasting and scenario planning. Operations and business event processing is involved with managing and processing day-to-day business events and is not necessarily focused on forecasting future events and conditions.

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