NEED OF STRATEGIC MANAGEMENT IN CORPORATE SECTOR
Keywords:
expansion, supply, opportunity.Abstract
The word 'strategy' refers to plan or course of action or a set of decision making rules forming a pattern or creating a common thread.lOVlfred D.Chandler defines 'strategy' as "the determination of the basic long-term goals and objectives of an enterprise and the adoption of the courses of action and allocation of resources necessary for carrying out these goals. This paper examines the success in corporate sector through strategic management. In recent times world economy has witnessed a lot of dynamism and challenges.
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