To address the challenges and opportunities they face organisations engage in a process of strategic management. Strategic management is:
(A) short-term focused and composed of organisational strategy, including strategy formulation and implementation
(B) short-term focused and composed of the organisation’s mission, vision and value statements
(C) long-term focused and composed of organisational strategy, including strategy formulation and implementation
(D) long-term focused and composed of the organisation’s mission, vision and value statements
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