"Management Insight"ќ
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"Management Insight"ќ

720569

  • College
  • 351

Short excerpt:

Strategy formulation made me realize the importance of direction in business. It is of vital importance that the field the business engages initially is well-thought out both in terms of corporate strategy and business strategy. Once the direction is determined, the implementation is also very important to make the venture a success. Managerial decision making is also important in this regard in the sense that the decisions which the managers take in the face of opportunities and threats are have far reaching repercussions.

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