Abstract
This paper is intended at demonstrating the significance of strategic management, as a distinctive phenomenon in the intermediate organizations more than it is assumed in the theory of strategic management. In this paper, the light has been thrown on some new insights in this field. In addition, it has been emphasized that the studies of strategic management also need to add-on with the conventional perspectives, along with variety of internal and external characteristics to ensure better understanding and awareness of the underlying organizational processes
Keywords
Strategic managementorganizational processintermediate organizationsreciprocity