Which of the Following Is a Definition of Strategic Management

Multiple Choice

Which of the following is a definition of strategic management?

A) Strategic management refers to those aspects of management that are the responsibility of an organisation's most senior managers.
B) Strategic management refers to those activities and processes through which an organisation determines its mission and/or objectives and the plans, policies and actions to achieve them.
C) Strategic management refers to an approach to business planning based on the objectives of the various stakeholder groups affected by the organisation's activities.
D) Strategic management is concerned with the annual planning processes by which an organisation determines its annual targets and budget allocations.