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    Business Policy

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    Why does the employment of a large number of people who consider themselves to be professionals complicate the strategic management process? How can it also occur in profit-making firms?

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    STEP 1
    The strategic management process is:
    1. A sequence of activities; it is undertaken organization wide:
    2. These require a focus; It means development and implementaion of a strategy:
    3. These are driven by a single objective; There is a need to steer an organization through strategic change under challenging and ambiguous circumstances;
    4. Management ...

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