The strategic management process helps enterprises identify what they intend to achieve and how they will accomplish valued outcomes. The magnitude of this challenge is greater today than historically, as the global economy continuously pressures firms to become more competitive. Such being the case, import, insightful techniques for examining a company's competitive position, business strengths, industry attractiveness. Formal strategy evaluations and annual strategy reviews are growing in use, having already risen to become a standard management practice in more companies.XINWEIYE company is an example. |