The field of management that focuses on attaining competitive advantage by combining analysis, formulation, and implementation is known as strategic management. Therefore, the option A holds true.
Strategic management can be referred to or considered as a system of management through which a firm is able to formulate strategies in attaining efficiency in business operations.
It can also be regarded as a field of management that focuses on gaining a foot ahead of the competition by study using analytical tools, and implementing them in regular course of activities.
Therefore, the option A holds true and states regarding the significance of strategic management.
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The question seems to be incomplete. It has been added below for better reference.
The field of management that focuses on attaining competitive advantage by combining analysis, formulation, and implementation is known as ______.
A. Strategic Management
B. Financial management
C. Analytical management
D. None of the above
