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Business Strategy MCQs

What is the major difference between operational management and strategic management?

Operational management focuses on external issues, while strategic management focuses on internal issues

They are both the same and completely interchangeable

Operational management focuses on financial issues, while strategic management focuses on regulatory issues

Operational management focuses on internal issues, while strategic management focuses on external issues

Answer

Correct Answer: Operational management focuses on internal issues, while strategic management focuses on external issues

Explanation:

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