BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Detailed explanation-1: -Igor Ansoff (1918-2002) was the father of modern strategic thinking. When Gary Hamel referred to the origins of corporate strategy he paid Ansoff an indirect compliment: “Strategy didn’t start with Igor Ansoff, neither did it start with Machiavelli, ” he wrote.
Detailed explanation-2: -Alfred Chandler, Founder of Strategy: Lost Tradition and Renewed Inspiration | Business History Review | Cambridge Core.
Detailed explanation-3: -SWOT Analysis Model A basic model of strategic management, SWOT stands for Strengths, Weaknesses, Opportunities and Threats. This technique is instrumental in determining growth strategies. By gauging available opportunities and addressing weaknesses, organizations can leverage strengths and circumvent threats.