Heyy,

Itis often thought that business management is just another synonym for strategic management. truth is that this is a misconception. The two are different things in a business. Strategic management is all about designing the overall strategy for the company. There are three things attached to it, first one is strategic ananlysis which can be defined as doing a systematic analysis of where the company stands. The second one is making strategic choice & this has to do with formulating a course of action. The last one is strategic implementation & this can be defined as technical details on how to put the designed activity into work.

The business management on other hand, is the day to day job of the manager. It consist of 5 functions planning, organising, staffing, directing & controlling.

Business Management decision are usually short lived and are based on general guidelines where as Strategic management decision are for long term purpose.

The organisation sets a goal where in the strategic management gives different strategies to achieve the goal and the management carry out the strategies to achieve the goal.

I hope you are clear with my answer.