ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

INVENTORY MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What are the steps of strategy development process?
A
Product Classification
B
Segment Strategy Definition
C
Quality Checking
D
Operationalize Policies and Parameters
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 four phases of strategic management are formulation, implementation, evaluation and modification.

Detailed explanation-3: -Develop a strategic mission. Establish organizational goals. Create departmental plans. Conduct a performance analysis. Implement a plan of action. Revise your strategy as needed. 03-Feb-2023

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