Strategic management involves the formulation and implementation of the major goals and initiatives taken by a company's top management on behalf of owners, based on consideration of resources and an assessment of the internal and external environments in which the organization competes.
(ËsÉªkÉtrÉªks) n, pl cicatrices (ËsÉªkÉËtraÉªsiËz) 1. (Pathology) the tissue that forms in a wound during healing; scar. 2. (Botany) a scar on a plant indicating the former point of attachment of a part, esp a leaf. [C17: from Latin: scar, of obscure origin]
2. (Mathematics) the length of a closed geometric curve, esp of a circle. The circumference of a circle is equal to the diameter multiplied by Ï. [C14: from Old French circonference, from Latin circumferre to carry around, from circum- + ferre to bear]. (sÉrËkÊm fÉr Éns).