Final answer:
Strategic management is an attempt to organize qualitative and quantitative information in a way that allows effective decisions to be made under conditions of uncertainty.
Step-by-step explanation:
The statement is true. Strategic management is indeed an attempt to organize qualitative and quantitative information in a way that allows effective decisions to be made under conditions of uncertainty. Strategic management is an attempt to organize qualitative and quantitative information in a way that allows effective decisions to be made under conditions of uncertainty.
In strategic management, managers analyze internal and external factors, define goals, formulate strategies, and implement and evaluate those strategies to achieve organizational objectives. By gathering and analyzing relevant information, managers can make informed decisions that maximize the chances of success in an uncertain business environment.