Strategic Management is basically a continuous process of identifying and describing the strategies of an organization, which managers use for the achievement of better performance and gaining competitive advantage for the organization. This book deals with the basic concepts in strategic management, covering some of the important theories and related examples associated with the topic.This book is prepared to keep in mind the need for beginners who are keen on taking up a management career to helping them understand the basics of Strategic Management. For all other enthusiastic readers, this book is good learning material.We assume the reader has a basic knowledge of management concepts. Analytical thinking and strategic thinking are a plus.Strategic Management is basically a continuous process of identifying and describing the strategies of an organization, which managers use for the achievement of better performance and gaining competitive advantage for the organization. This book deals with the basic concepts in strategic management, covering some of the important theories and related examples associated with the topic.