Podcast
Questions and Answers
Which phase of strategic management focuses on determining the current profile of the organization and its external environment?
Which phase of strategic management focuses on determining the current profile of the organization and its external environment?
- Maintenance of standards
- Skills development
- Situational analysis (correct)
- Strategic development
What is a vision in strategic management?
What is a vision in strategic management?
- A general idea of the future of the organization (correct)
- An analysis of the external environment
- A mission statement and principles
- A definition of the current strategy
What does a mission statement define in strategic management?
What does a mission statement define in strategic management?
- The organization's business objectives (correct)
- The principles and values of the organization
- The external environment of the organization
- The current vision of the organization
What is the purpose of a SWOT analysis in strategic management?
What is the purpose of a SWOT analysis in strategic management?
What is the definition of strategic management?
What is the definition of strategic management?
Which phase of strategic management involves careful consideration of appropriate responses to the environment and the development of skills needed for possible changes to strategy?
Which phase of strategic management involves careful consideration of appropriate responses to the environment and the development of skills needed for possible changes to strategy?
What does a mission statement define in strategic management?
What does a mission statement define in strategic management?
What is the purpose of a SWOT analysis in strategic management?
What is the purpose of a SWOT analysis in strategic management?
What is the definition of strategic management?
What is the definition of strategic management?
What is a vision in strategic management?
What is a vision in strategic management?
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