7 Role Integration Different Activities Firm Strategic Management Process Technology Innov Q34267072

7.What is the role of integration of the differentactivities in a firm in the strategic management process oftechnology and innovation?

Expert Answer

Integration of different activities in a firm, help firm becomea system and a balance is created. With integration, now all theactivities and functions work in the same direction and it is thekey requirement of strategic management process. It helps strategicmanagement to implement its initiatives and help organizationachieve its goals. With reference to the technology and innovation,integration of activities brings cohesion and everyone pursingdifferent activities, complement each other. In this case,probability of getting the innovation breakthrough increases and itis the