Marius has been brought in as a consultant for a large organization. He is tasked with identifying the goals, policies, and action sequences the company should take to offset competitive challenges. Marius will be implementingMultiple ChoiceOption 1: operational management.Option 2: transactional management.Option 3: management by objectives.Option 4: process mapping.Option 5: strategic management.

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17-01-2022
Business

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Marius has been brought in as a consultant for a large organization. He is tasked with identifying the goals, policies, and action sequences the company should take to offset competitive challenges. Marius will be implementingMultiple ChoiceOption 1: operational management.Option 2: transactional management.Option 3: management by objectives.Option 4: process mapping.Option 5: strategic management.

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Tundexi Tundexi · Answer 1 · 2022-01-31T11:45:32+01:00

Because Marius is tasked with identifying of goals, policies and action, then, he will be implementing a Strategic Management.

What is Strategic Management?

A Strategic management means a strategies implemented to achieve a better performance and competitive advantage for an organisation.

The process of a strategic management includes

Defining the Mission Statement
Analysing the Environment
Organisational Self-Assessment
Establishing Goals and Objectives
Formulating Strategy

In conclusion, since he is tasked with identifying of goals, policies and action, then, he will be implementing a Strategic Management.

Read more about Strategic Management

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