Strategic Management

Strategic management is a critical aspect of business that enables organizations to develop long-term plans, adapt to environmental changes, and achieve competitive advantages. This book provides a structured approach to understanding strategic management concepts, processes, and their application in real-world business scenarios. Designed for undergraduate students, the content covers essential topics such as strategy formulation, corporate governance, environmental analysis, and strategy implementation, ensuring a well-rounded understanding of the subject.The study of strategic management begins with an introduction to strategy, its importance, and the strategic management process. A well-defined strategy provides a roadmap for an organization's growth and success.