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Strategic Diagnosis and the Part It Plays in Decision Making

Author

Listed:
  • Emilia Ungureanu

    (University of Piteşti, Romania)

  • Tiberiu Cristian Avrămescu

    (University of Piteşti, Romania)

Abstract

Strategy and strategic planning represent a decisive factor of success, both in human activity in general and in the economic life of the company in particular. Strategy is the main connection between the organizational structure of a company and its external environment, hence the opportunity to study the external environment and to carry out strategic diagnosis. Strategic diagnosis allows the company to give a quick response to the constraints of the external environment, foreshadowing the necessary efforts to adapt to the structural changes of the environment, as well as the efforts to achieve a proper position as against the competitors

Suggested Citation

  • Emilia Ungureanu & Tiberiu Cristian Avrămescu, 2008. "Strategic Diagnosis and the Part It Plays in Decision Making," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 8(2), pages 269-274.
    • Handle: RePEc:pet:annals:v:8:i:2:y:2008:p:269-274
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