Impact of Strategic Management on Competitive Advantage
Impact of Strategic Management on Competitive Advantage by - Roda MOHAMED & Pınar BAŞAR, Department of Business Administration, İstanbul Ticaret University, Faculty of Social Sciences, İstanbul, Turkey Reviewed by - Nang Aye Aye Htun ( ID: 236511001) Background of the research Strategic management is a process that organizations use to plan and direct their activities in order to achieve specific goals and objectives. Earlier, strategic management only focused on identify the strategies that were most likely to lead to financial success. But over time, the focus has expanded to include other factors such as organizational structure and culture. Therefore, it is necessary to study the strategic management and its impact for the competitive advantage. Research Questions 1. What is the relationship between strategic management and competitive advantage? 2. What is the effect of strategic management...