BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Steps in Strategic Management Process
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Strategic Planning
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Strategic Selection
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Strategic Management
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Strategic Analysis
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Strategic Implementation
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Explanation:
Detailed explanation-1: -4. Execute and Monitor. It’s time to put your strategic plan into action. All team members should have the resources they need to complete the task at hand.
Detailed explanation-2: -Strategic implementation is a process of turning plans into action using a specified strategy. The five steps of the strategic implementation process are: define your goals, do the research, create a strategy, implement the strategy, evaluate and control.
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