Final answer:
Research indicates that organizations employing strategic management tend to be more profitable than those that do not, as it allows for better adaptation, forecasting, decision-making, and resource allocation.
Step-by-step explanation:
According to research, organizations using strategic management are generally more profitable than those that do not. Strategic management involves the formulation and implementation of the major goals and initiatives taken by a company's top management on behalf of owners, based on consideration of resources and an assessment of the internal and external environments in which the organization competes. Companies that employ strategic management are able to adapt to changes, forecast market trends, make informed decisions, and align resources to achieve their long-term goals effectively, which often leads to higher profitability.