KEY TERMS OF STRATEGIC MANAGEMENT VISION STATEMENT WHAT YOU WANT TO BECOME IN FUTURE MISSION STATEMENT WHAT IS YOUR BUSINESS OBJECTIVE THE ACTION LIST YOU HAVE TO DO TO COMPLETE THE MISSION STRATEGIST THE PERSON WHO MAKE THE STRATEGIES. COMPETITIVE ADVANTAGES ANYTHING IN WHICH YOU ARE BETTER THAN COMPETITORS. INTERNAL STRENGTH OR WEAKNESS ANYTHING INSIDE ORGANIZATION YOU CAN HAVE OR YOU CAN DO IT IS YOUR STRENGTH OR ANYTHING YOU CAN NOT DO IT OR YOU DON'T HAVE IS YOU WEAKNESS. EXTERNAL OPPORTUNITIES OR THREAD ANYTHING OUTSIDE THE ORGANIZATION YOU CAN GET IT YOU INCREASE YOUR BUSINESS IS OPPORTUNITIES AND THAT THING WILL TRY TO STOP THAT OPPORTUNITIES ARE THREADS. STRATEGIES HOW TO ACHIEVE THE OBJECTIVES ARE STRATEGIES IT IS CALLED ACTON PLAN. POLICIES SET THE RULES OR REGULATION TO CONTROL THE OPERATION ACTIVITIES. WHAT IS VISION STATEMENT WHAT IS MISSION STATEMENT WHAT IS OBJECTIVE KEY TERM OF STRATEGIC MANAGE...
MBA NOTES:MASTER IN BUSINESS ADMINISTRATION (MBA) OR BUSINESS NOTES