Strategic Management Target: Strategic Management
Management needs to have a full understanding of the organization's strengths, weaknesses, opportunities, threats, and trends to make the necessary decisions to maintain the good reputation it has achieved, as well as stay in competition in the leading discount retailing industry. Throughout the years, the Target Corporation has shown to be a stable and dependable company. Each day, the company's management face many challenges, resulting from customers, economy, competitors, and from its own decisions. Without the foresight and good decision-making, Target would not thrive as it is today.