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Question
To address the challenges and opportunities they face organisations engage in a process of strategic management. Strategic management is:
Options:
A .  short-term focused and composed of organisational strategy, including strategy formulation and implementation
B .  short-term focused and composed of the organisation's mission, vision and value statements
C .  long-term focused and composed of organisational strategy, including strategy formulation and implementation
D .  long-term focused and composed of the organisation's mission, vision and value statements
Answer: Option C
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