8. Describe the three poles of characteristics that influence managing strategies ?

In the field of management, strategic management involves the formulation and implementation of the major goals and initiatives taken by an organization's managers on behalf of stakeholders, based on .

Operational strategies refers to the methods companies use to reach their objectives. By developing operational strategies, a company can examine and implement effective and efficient systems for using resources, personnel and the work process.

A transformational strategy is a plan of action aimed at shifting a company's operating course, usually over many years. ... Well-defined transformational strategies help companies put steps into place for long-term profitability

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