Heyy,

Itis often thought that business management is just another synonym for strategic management. truth is that this is a misconception. The two are different things in a business. Strategic management is all about designing the overall strategy for the company. There are three things attached to it, first one

Strategic Management is all about identification and description of the strategies that managers can carry so as to achieve better performance and a competitive advantage for an organization.

It is a continuous process that evaluates and controls the business and the industries in which an organization is involved.

Strategic Managemnet: Strategic management is the annual cycle of planning and implementation memorialized into an organization’s culture. It allows you to recognize areas of success and sustain them while also identifying areas of weakness to improve which is done annually.

Business Strategy: Business strategy focuses more on the entire