Unformatted text preview: we need to find out how our textbook defines strategic management. According to our textbook (Wheelen, and Hunger 2010, p. 14), “the strategic management consists of four basic elements: environmental scanning, strategy formulation, strategy implementation, and last evaluation and control.” So basically, the relationship between the two of these terms is easily distinguished. The organizational culture is the employees and what they do, where strategic management is management of the employee to ensure everything is done like it should be. References: Wheelen, T. L., & Hunger, J. D. (2010). Concepts in Strategic Management and Business Policy: Achieving Sustainability (12th ed.). Upper Saddle River, NJ: Prentice Hall....
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This note was uploaded on 04/03/2012 for the course BUSINESS M MGT 498 taught by Professor Tugtekingokaydin during the Spring '12 term at University of Phoenix.
- Spring '12