BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Strategic management stages are
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Understanding Strategy, Environmental scanning, Managing resources, Formulation Strategy, Implementation Strategy.
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All answers are correct
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Understanding Strategy, Environmental scanning, Managing resources, Formulation Strategy, Implementation Strategy, Audit, Feedback
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Understanding Strategy, Environmental scanning, Managing resources, Formulation Strategy, Implementation Strategy, Audit.
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Explanation:
Detailed explanation-1: -The five stages of the process are goal-setting, analysis, strategy formation, strategy implementation and strategy monitoring.
Detailed explanation-2: -The strategic-management process consists of three stages: strategy formulation, strategy implementation, and strategy evaluation.
Detailed explanation-3: -The four phases of strategic management are formulation, implementation, evaluation and modification.
There is 1 question to complete.