BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
According to the text, the strategic management process entails three ongoing processes:
|
|
analyses, actions, and synthesis
|
|
|
analyses, decisions, and actions
|
|
|
analyses, evaluation, and critique
|
|
|
analyses, synthesis, and antithesis
|
Explanation:
Detailed explanation-1: -Strategic management process consists of three stages: formulation; implementation and evaluation.
Detailed explanation-2: -According to the text, the strategic management process entails three ongoing processes: A) analysis, actions, and synthesis.
Detailed explanation-3: -Determine your strategic position. Prioritize your objectives. Develop a strategic plan. Execute and manage your plan.
Detailed explanation-4: -Strategic management consists of the analysis, decisions, and actions an organization undertakes in order to create and sustain competitive advantages. This definition captures two main elements that goes to the heart of the field of strategic management.
There is 1 question to complete.