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]
cicatrix; a mark remaining after the healing of a wound, such as one caused by injury, illness or surgery. constricting scar. contraction of scar tissue causing constriction of vascular channel or hollow viscus.