multitasking environment, a process is not allowed to use the CPU all the time. At intervals (maybe signalled by a timer interrupt) it will be stopped by the O/S so that another process can run. In this state it is not running, but is runnable. 1.13 Strategic management Strategic management is the process by which a firm manages the formulation and implementation of its strategy. Strategic management operates on several time scales. Short term strategies involve planning and managing for the present…
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