Write 700 Word Analysis Complete Following Describe Define Primary Components Strategic Ma Q34295283

Write a 700-word analysis in which you completethe following:

• Describe and define the primary components of the StrategicManagement Process.
• Describe and define internal and external analysis.
• Describe and define the responsibilities and duties of theStrategic Manager.
• Explain why companies need strategic management planning.

Expert Answer

Answer-1 The primary components of the Strategic ManagementProcess are –

1. Environmental Scanning- It gives the little bit overview aboutthe system & how we are following up the system in anorganization & will pick up those areas where we can contributetowards organization’s growth. In this we have to check both thefactors which is inside & outside. It will purely work on dataprovided
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