Why strategic management is called capstone?

Strategic management is often referred to as a capstone because it synthesizes knowledge and skills acquired from various business disciplines, serving as a culmination of academic study. It integrates concepts from areas like finance, marketing, operations, and organizational behavior, enabling students and practitioners to develop comprehensive strategies for organizations. This holistic approach ensures that all aspects of a business are aligned toward achieving long-term objectives, making it foundational to effective leadership and decision-making.