Strategic management is the positioning of the firm in its broadest - its relationship with its customers, suppliers, and competitors. Strategic management is therefore a discipline very different from those concerned with the functional activities of the firm - accounting, marketing, scheduling, and control of operations, personnel, and human relations. However, all of these will be influenced by the firm strategy.
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Consulting
Consulting is described as the practice of providing a third party with expertise on a subject in exchange for a fee. Advisory or implementation services may be provided as part of the service. Taking an independent and unbiased stance on an issue is critical to the consultant's role. In theory, a consultant can work in any industry.
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