1. Strategic management
This all requires the application of high management skills and he seems to an expert in it. ... This uncertainty hampers the ability of strategic managers to develop long-range plans and to make strategic decisions to keep the corporation in equilibrium with its external environment. ... The whole strategic management style of the company will have to be changed to make this happen. ... The extension into other areas while trying to extend their core operations would inevitably increase the complexity of their business: and complexities cost money to manage, not least in management time and c...
- Word Count: 1674
- Approx Pages: 7
- Grade Level: Undergraduate