Explain and discuss on information as a definitive role in strategic management of coordinating and controlling good strategic decisions of a company.

Information plays a definitive role in strategic management. Timely and accurate information is important for making profitable and good decisions for organizations. Todorova (1) explains that information is a strategic resource and a management (or board of directors) must establish ways of coordinating and controlling information for good strategic decisions of the company. A company can only make good strategies and decisions if it has systems that coordinate effective and timely communication.

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