Business Studies · Strategic Management
Strategic management is often described as a dynamic process involving analysis, formulation and implementation. Which of the following best explains the primary objective of strategic management in an organisation?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Aligning organisational resources and capabilities with long-term environmental opportunities✓
- 2Restricting managerial decision making within predefined operational procedures
- 3Eliminating uncertainty from business decisions through formal planning systems
- 4Ensuring routine administrative coordination among departments
Correct answer
Aligning organisational resources and capabilities with long-term environmental opportunities
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