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The Impact Of Strategic Management On Organisational Performance
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1.3 OBJECTIVES OF THE STUDY
The objectives of any research study is to find a solution to the problem or to
find
relationship that exist between the problem and other problems or
breaking the problem into its components parts through an exploration or
analysis so that the superior and readers alike will understand the
problem more clearly with the hope that it will eventually be solved
through the present study.
The main objective or purpose of I the
study is to conduct a research on the impact of strategic management on
organizational effectiveness and performance.
1.4 RESEARCH QUESTIONS
A
research question serves as a guide to the researcher in his guess for
answer to the problem being investigated. Research question should
therefore focus on the problem and should be general enough to give rise
to other minor research questions. In case, the research question in
which answer will be provided at the end of the study are as follows:
· Is there any significant relationship between strategic management and organization effectiveness?
· How strategic management could be effectively used.
· To what extent does competitive advantage enhances superior profitability and long-term performance.
·
To what extent doses management devise strategic to effectively guide
how the company business will be conducted and to help them make
reasoned, cohesive choices among alternative courses of action?
1.5 RESEARCH HYPOTHESES
A
hypothesis is the statement of relationship between variables. To
understand better what aspect of the relationship between the variable
that the researcher is interested in she makes a conjectural statement
or tentative statement about this relationship. This conjecture or
tentative statement is the hypothesis in this case, the research
hypothesis under study area as follow:
1. Ho: There is no significant relationship between strategic management
and organizational effectiveness and performance.
Hi: There is significant relationship between strategic management and organizational effectiveness and performance.
2. Ho: Competitive advantage does not effectively enhance superior
profitability and long-term performance.
Hi: Competitive advantage effectively enhances superior profitability and Long-term performance.
3. Ho: strategic management device cannot effectively guide how the
company business will be conducted and help make choice among alternative courses of action.
Hi:
strategic management device cannot effectively guide how the company
business will be conducted and help make choice among alternative course
of action.
1.6 RESEARCH METHODOLOGY
The: method of data
collection that would be employed in the study would be through primary
source of data collection. The primary source would be survey through
administration of questionnaire, the data that would be gathered through
the questionnaire would be analyzed and in analyzing it the following
statistical techniques would be used:
1.
Simple percentage: It would be used to analyze the bio-data statistics
and section B to the questionnaire,
2. Chi-square statistical techniques: It would be used to test the hypothesis, the formular is]
X2=∑ (O-E)2
E
Where X2=chi-square
O= observed frequency
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ABSRACT - [ Total Page(s): 1 ]The strategic management function is perhaps the most fundamental and most important aspect of management and managing. It takes superior entrepreneurship and competent strategic implementation and execution to produce superior organizational performance over the long-run. A great strategic plan that is flawlessly executed seldom produces gold star results either.In the light of the above, this chapter is to carry out a literature review on strategic management and its impact on organizational e ... Continue reading---
