Strategic Management in the Modern Business World
Keywords:
Strategic management, business strategy, modern business environment, globalization, technological advancements, competitive advantageAbstract
In today's rapidly changing business environment, strategic management has become increasingly crucial for organizational success. This abstract explores the role of strategic management in navigating the complexities of the modern business world. It discusses how organizations adapt their strategies to address challenges such as globalization, technological advancements, and evolving consumer preferences. Through an analysis of current trends and case studies, the abstract highlights the significance of strategic management in achieving competitive advantage and long-term sustainability. By emphasizing the dynamic nature of strategic management and its importance in decision-making processes, this abstract aims to provide insights into effective strategies for thriving in today's business landscape.