BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is not one of the steps in strategic planning?
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Analysis of the current state
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Implementation and evaluation
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Board approval of the plan
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Defining the future state
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Explanation:
Detailed explanation-1: -Under the function of directing, the managers need to check whether activities are performed as per schedule or not, therefore it is not a step in the process of planning.
Detailed explanation-2: -Strategic planning process steps Determine your strategic position. Prioritize your objectives. Develop a strategic plan. Execute and manage your plan.
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