Unformatted text preview: Strategic management is a level of managerial activity under setting goals and over Tactics . Strategic management provides overall direction to the enterprise and is closely related to the field of Organization Studies . In the field of business administration it is useful to talk about "strategic alignment" between the organization and its environment or "strategic consistency." According to Arieu (2007), "there is strategic consistency when the actions of an organization are consistent with the expectations of management, and these in turn are with the market and the context." Strategic management includes not only the management team but can also include the Board of Directors and other stakeholders of the organization. It depends on the organizational structure....
View Full Document
This note was uploaded on 06/24/2011 for the course ACCOUNTING 122 taught by Professor Yosman during the Spring '11 term at Oxford University.
- Spring '11