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Contrasting strategic planning to strategic control

Strategic planning is a more centralised planning approach, senior management tend to focus less on implementing specific control mechanisms and more on broader performance targets. These are likely to be strategic more than financial e.g. increase market share. With strategic control senior management decentralise planning, but focus more on controlling and auditing the individual business units.

Strategic Management, Management Studies

  • Category:- Strategic Management
  • Reference No.:- M9576404

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