is best described as an integrative management field that combines analysis, formulation, and implementation in the quest for competitive advantage.

Strategic management.

Explanation:

Strategic management refers to constant planning, tracking, review, and evaluation of all that an organization requires to accomplish its objectives and aspirations. While flexible businesses may find it easier to adjust their structure and plans, whereas inflexible businesses may be threatened by a changing work environment. It is focused on a common view of an organization's task or intent of being there, its vision of where it wants to be in the future, and the principles that drive its actions.