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 Difference between running a company and managing it?
My teacher says there is a difference. In fact he gave us a project to do. We are creating a business and there are several guidelines. Two of them being "How would you run the company?" ...


 What does ATM stand for at the banks and such?
Not the texting ATM,I know it means "At the moment"...


 How to get hired Full Time at Wal-Mart?
I just started at Wal-mart for the Meat/Seafood department and It's a part time position..I'm not starting school untill fall... Anyone work in managment or personel know how I can get ...


 Salary employees, do you feel used by your employer?
Does anyone live in a place where they are not over-worked hours for their salary? If you don't get paid OT, but are still expected to work 80 hours a week, do you get any form of compensation ...


 Assuming you will drop out like all other mlm people..... like 99.999999999 % of all the other mlmers.....?
Do you think you feel worse about signing up your children or your old age parents...... think about it..... "mlm is such a great opportunity....." really?!?!...


 Where can I get copies of financial statements for public companies?
...


 Do you think wal mart is bad for america?
I am doing a persuasive/argumentative speech and the topic i chose is "do you think wal mart is bad for america?" i have done some reasearch but i was lookin to see if anybody could help ...


 The banks are ripping us off?
i set up direct debit and was not told that if their was no money in my account that, the bank would take 30 pounds off for each bill anyway £600 has gone out of my account this year and naive as i ...


 What will be the next evolutionary step for Pixar Entertainment?
The awards and the results are astounding. How do you top this now?...


 Home based Internet business,are any of them legitimate?
I WANT TO START A NEW BUSINESS, AND THE HOME BASED SOUNDS GOOD ,BUT THERE SEEMS TO BE ALOT OF "2 GOOD 2 BE TRUE" ADDS!...


 If businesses hate unions so much why aren't they taking better care or their employees?
So many companies threaten there employees over unions saying things like you will be fired for talking about a union or if a union comes we will close our doors and move else where. However if they ...


 What percentage of businesses go under within the first 5 years?
What about within the first year?
Additional Details
Thanks for the citation, Nurse Annie, but I think it says that one-third go under within the first year and four out or five go under ...


 Does india have textiles factories.?
if have pleases list me some polyster and cotton fabric factories....


 Can sole proprietorship companies become very successful?
...


 Would you send the money or not?
you see an item on ebay, that you wish to buy, the seller does not take paypal.

you email the seller telling them that you want to perchase the item through pa pal, the seller replys say ...


 How can a restaurant pay bussers and dishwashers under the table?
I was in between jobs. I went to a restaurant in Oklahoma to be a dishwasher. The employees told me that the owner signed an agreement with the Oklahoma Tax Commission that he does not have to put ...


 EBay charge to much to much in fees as their customer service is bad they need to cut their pay pal fee to 0?
ebay should not charge people for using pay pal
as it is unfair
after all the money that ebay make

it means you don't have a chance of making a ...


 Why does it say "Fleet Bank" in my direct depisit slip? Not BANK OF AMERICA which is my bank...?
I guess I'm asking if you think there was a mistake or what does fleet actually mean? T...


 How do you feel about weapons manufacturing plants?
And the fact that they gain money from selling weapons?...


 Is Yahoo second to Google because of the platform or the people that work for them?
...



Curious
What exactly is Strategic Management?
                     
 




asailorman
Rating
Process of development a business strategy to focus on improvement market share, profit margin, return on assets, etc. Then subsequent development and execution of tactical campaigns to achieve the desired strategy.


sophieb
in present tense it's a company that is following a business plan and specific ideas on how it's going to make a profit.


Richard C
Strategic management = long term outlook, where does the business want to be in a few years time. Contrast with operational management aka tactical management aka business planning = short term (ie next year) how the strategy will be accomplished.

(Time frames above are indicative)


robert S
Examining the long term critical elements that affect the industry, whether they are controllable or uncontrollable. At the same time, examine the company's strength and weakness and to determine how best the company should deal with the potential threats and to take advantage of the potential opportunities. Just like an air plane. Someone one needs to fly the plane. Others need to chart the course.


Heinz M
Management that follows a strategy, a plan!
Nothing haphazard or flying by the seat of your pants.


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