21.2k views
4 votes
Strategic management reflects the firm's actions to achieve its mission and vision as seen by its _________.

User Smack
by
4.5k points

1 Answer

4 votes

Answer:

Strategic Management reflects a firm's actions to achieve it's mission and vision as seen by it's achievement of specific goals and objectives.

Step-by-step explanation:

Strategic Management is the management of an organization's resources in the most efficient manner to achieve it's goals and objectives.

Vision refers to where an organization wants to be in the future. It also includes the values that govern an organization's actions. It refers to what an organization wants to achieve in the long run.

Mission defines the approach or means by which an organization is going to achieve those objectives.

So, Strategic Management reflects the actions or steps a firm undertakes towards achievement of it's specified goals and objectives.

User Ilan Coulon
by
4.1k points