Question

Why is it important for managers to recognize the independent nature of these activities?

Your own words please

Answer 1

In strategic management process , some activities are important one . These are :

1) Environmental scanning

2) Strategic formulation

3) Strategic implementation

4) Strategic evaluation and control.

In other words , we can say that a manager must understand these activities to clarify their doubts and better understandings of the business nature , size and competitors. Even , they should focus to understand the nature of elements to strategic intent . These elements are Vision , mission , Goals and objectives.  

A manager must know that vision set the long term orientation to the organization. Mission tells that the products and services are ment to serve the society and reason for the existence of the business. Goals are dervied from mission statement and serve the purpose of each department or individual. Objectives are set by the functional managers and staff to achieve both short term and long term goals of the organization.

These activities are independent if one will be confuse then he will not able to create sustainable competitive advantage.