Final Exam Essay Questions and Case Study

Strategic management denotes the process of organizational planning at the optimal level. It is composed of evaluation, decisions, and implementation an organization carries out so as to build and maintain competitive advantages (Hunger & Wheelen, 2000). It is the task of the leader of the organization. According to Hill and Jones (2011), it concentrates on developing a strong foundation for the organization that will afterward be expanded through the concerted endeavors of the members of the organization.