BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is NOT a major element of the strategic management process?
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Formulating strategy
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Implementing strategy
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Evaluating strategy
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Assigning administrative tasks
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Explanation:
Detailed explanation-1: -Assigning administrative tasks is NOT a major element of the strategic management process. The process of strategic management includes goal setting, analysis, strategy formation, strategy implementation, and strategy monitoring.
Detailed explanation-2: -Assigning administrative tasks is not a major element. The process of strategic management does not include assigning administrative responsibilities.
Detailed explanation-3: -The four phases of strategic management are formulation, implementation, evaluation and modification.
Detailed explanation-4: -Answer: Assigning administrative tasks is NOT a major element of the strategic management process.
There is 1 question to complete.