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.
(ËsÉªkÉtrÉªks) n, pl cicatrices (ËsÉªkÉËtraÉªsiËz) 1. (Pathology) the tissue that forms in a wound during healing; scar. 2. (Botany) a scar on a plant indicating the former point of attachment of a part, esp a leaf. [C17: from Latin: scar, of obscure origin]
Cost, Insurance and Freight (CIF) is one of 13 international commerce terms known as Incoterms. Incoterms are commonly known trade terms developed by the International Chamber of Commerce (ICC) in 1936 to govern the shipping policies and responsibilities of buyers and sellers, who engage in international trade.