(Answered) 1explain the benefits and importance of strategic

Academics

1. Explain the benefits and importance of strategic management as a process.

2. Give examples of strategic decisions that companies have recently made.

3. Explain why information gathering is an essential element in strategic management process.

4. Name three industries that are currently red oceans? Where do blue ocean opportunities exist?

5. Name any industries or products that would create a "Blue" ocean? Explain.

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