The-definition.com

Definition

Strategic control

Management efforts to track a strategy as it is being implemented, detect problems or changes in its underlying premises, and make necessary adjustments.

Share it:  Cite

More from this Section

  • Profitability
    Profitability means the ability to earn profit. It refers to the ability of any firm to ...
  • Two-factor theory
    Frederick Herzberg’s two-factor theory, which proposes that intrinsic factors are related ...
  • Generic strategy
    A core idea about how the firm can best compete in the marketplace. ...
  • Range of variation
    The acceptable parameters of variance between actual performance and a standard, is called ...
  • Management by walking around
    Management by walking around is a term used to describe a manger being out in the work ...