Question

As future is uncertain, strategic management as a process requires foresight.

• A. True
• B. False

Answer 1

The correct option is A True

As future is uncertain, strategic management as a process requires foresight. This is a true statement. Strategic management. involves the formulation and implementation of the major goals and initiatives taken by a company's top management on behalf of owners. Strategic management of the organizational activities help to achieve the organizational goal in a more efficient manner.