Strategic management and the economic efficiency of the enterprise
| Autor: | Jacek Binda, Marcin Surówka, Tadeusz Ambroży, Andrzej Kędra, Zbigniew Małodobry |
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| Jazyk: | angličtina |
| Rok vydání: | 2023 |
| Předmět: | |
| Zdroj: | Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej, Vol 27, Iss 4 (2023) |
| Druh dokumentu: | article |
| ISSN: | 2543-9103 2543-411X |
| DOI: | 10.19192/wsfip.sj4.2023.3 |
| Popis: | The articles discusses the importance of strategic management in improving the economics efficiency of an enterprise . Strategic management combinations both business and economics aspects with the goal of maximizing a company's efficiency and profitability . Although there is no clear definition , various approaches to strategic management include the process of analyzing the company's environment, formulation strategy , implementation strategy , and monitoring and evaluating results . Additionally , etc indicates that strategic management is necessary for adapting to the changing environment, optimizing the use of resources and achieving the organization's goals . The presented information also indicates that strategic management has three main levels incl the organization's structure : corporate , strategic business units (SJG) and functional . Each of these levels plays a specific role within the company's strategy . Ultimately , the articles emphasizes that strategic management is an integral element of the success of every company and is the foundation of its economics efficiency . A good business strategy allows a company to use resources effectively , adapt to a changing environment and achieve long-term goals . |
| Databáze: | Directory of Open Access Journals |
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