The strategic management process is more than just a set of rules to follow. It is a philosophical approach to business. Upper management must think strategically first, then apply that thought to a ...

Developed during World War II to find solutions to warfare issues, the management science approach uses mathematical models to solve problems. Also known as a quantitative approach, the approach ...

There are best practices, standard operating procedures and several types of processes in the business world. Processes help maintain order and provide guidelines for a smooth workflow. They are what ...