SOFTWARE PROJECT MANAGEMENT
QUALITY MANAGEMENT
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: -Here are the 7 basic elements of a strategic plan: vision, mission, SWOT analysis, core values, goals, objectives, and action plans.
Detailed explanation-3: -Answer and Explanation: While administrative tasks are a significant part of business operations, they are not intentionally engrained in the strategic management process.
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