This is the first entry for our blog. We are so excited to learn about our new class.It seems pretty interesting and I hope we as a team can achieve the goals that Prof. Abraham Lee traced for us.
Besides reading the book I was curious to hear another opinions about what Business Strategy is. I opened Wikipedia and when I typed "Business Strategy" it redirect me to this:
"Strategic management is the art and science of formulating, implementing and evaluating cross-functional decisions that will enable an organization to achieve its objectives[1]. It is the process of specifying the organization's objectives, developing policies and plans to achieve these objectives, and allocating resources to implement the policies and plans to achieve the organization's objectives. Strategic management, therefore, combines the activities of the various functional areas of a business to achieve organizational objectives. It is the highest level of managerial activity, usually formulated by the Board of directors and performed by the organization's Chief Executive Officer (CEO) and executive team. Strategic management provides overall direction to the enterprise and is closely related to the field of Organization Studies. "
So, let's meet any share about it.This first search for the word Business Strategic in Internet surprised me.
Is Strategic Management = Business Strategy?
Post your comments and we talk later in the dinner we have to do. Thanks, Leo
Besides reading the book I was curious to hear another opinions about what Business Strategy is. I opened Wikipedia and when I typed "Business Strategy" it redirect me to this:
"Strategic management is the art and science of formulating, implementing and evaluating cross-functional decisions that will enable an organization to achieve its objectives[1]. It is the process of specifying the organization's objectives, developing policies and plans to achieve these objectives, and allocating resources to implement the policies and plans to achieve the organization's objectives. Strategic management, therefore, combines the activities of the various functional areas of a business to achieve organizational objectives. It is the highest level of managerial activity, usually formulated by the Board of directors and performed by the organization's Chief Executive Officer (CEO) and executive team. Strategic management provides overall direction to the enterprise and is closely related to the field of Organization Studies. "
So, let's meet any share about it.This first search for the word Business Strategic in Internet surprised me.
Is Strategic Management = Business Strategy?
Post your comments and we talk later in the dinner we have to do. Thanks, Leo
Posted by Leo. ID 20600788. Tel. 010-5828-1562
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