All firms a strategy, even if it is informal, unstructured and sporadic. "If you do not know where you are going, then any road will lead you there!", accents the need for organizations to use strategic-management concepts and techniques. The strategic - management process is becoming more widely used by small firms, large companies, non-profit institutions, governmental organizations, and multinational conglomerates alike. The process of empowering managers and employees has almost limitless benefits.
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