Whois & Analysis for strategy-business.com

Strategic management involves the formulation and implementation of the major goals and initiatives taken by a company's top management on behalf of owners, based on consideration of resources and an assessment of the internal and external environments in which the organization competes.

Business administration is management of a business.

It includes all aspects of overseeing and supervising business operations.

International business comprises all commercial transactions (private and governmental, sales, investments, logistics, and transportation) that take place between two or more regions, countries and nations beyond their political boundaries.

Usually, private companies undertake transactions for profit; governments undertake them for profit and for political reasons.

The term "international business" refers to all those business activities which involve cross-border transactions of goods, services, and resources between two or more nations.

Transactions of economic resources include capital, skills, people etc.

for the purpose of the international production of physical goods and services such as finance, banking, insurance, construction etc.

Leadership is both a research area and a practical skill encompassing the ability of an individual or organization to "lead" or guide other individuals, teams, or entire organizations.

The literature debates various viewpoints: contrasting Eastern and Western approaches to leadership, and also (within the West) US vs.

European approaches.

US academic environments define leadership as "a process of social influence in which a person can enlist the aid and support of others in the accomplishment of a common task".

Leadership seen from a European and non-academic perspective encompasses a view of a leader who can be moved not only by communitarian goals but also by the search for personal power.

Senior management, executive management, or a management team is generally a team of individuals at the highest level of management of an organization who have the day-to-day tasks of managing that organization - sometimes a company or a corporation.

They hold specific powers delegated to them with and by authority of a board of directors and/or the shareholders.

Generally, higher levels of responsibility exist, such as a board of directors and those who own the company (shareholders) - but they focus on managing the senior or executive management instead of on the day-to-day activities of the business.

The executive management typically consists of the heads of a firm's product and/or geographic units and of functional executives such as the chief financial officer, the chief operating officer, and the chief strategy officer.

In project management, senior management authorises the funding of projects.