Effect Of Strategic Management Practices On Performance Of Small And Large Business In UAE

Abstract

The study's main goal is to examine the impact of strategy implementation on organisational performance in the UAE's small and large business organisations. In order to produce a reliable study, the current research uses a quantitative research approach. It's for this reason a questionnaire was developed and used to gather respondents' thoughts on how strategy formulation affects UAE business performance. According to the study's findings strategic management practises are positively and significantly linked to performance. Strategic management practises as a result of the research, it was concluded that effective performance requires strategic management. Strategic management is the process of formulating goals and strategies, and then allocating resources to put them into action in order to achieve those goals.