Question

Jamie decides to plan his strategies for starting an electric equipment manufacturing company. His main aim is to ensure that it runs efficiently. He decides to do this in two phases: the planning phase and the implementation phase. Which of the following processes is Jamie employing?A) retrenchmentB) organizational restructuringC) strategic managementD) globalization

Answer 1

Answer:

C) strategic management

Explanation:

From the following processes, Jamie is employing strategic management.

In strategic management, a person makes, plans and analyzes a strategy first and them implement it when the time comes.

In the given scenario Jamie also plans the strategy and then implements it, when the time comes. So, we can say that Jamie is also using the method of strategic management.