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Questions and Answers
Strategic management exclusively focuses on external opportunities and ignores internal capabilities.
Strategic management exclusively focuses on external opportunities and ignores internal capabilities.
False
The initial step in the strategic management process is evaluating the success of action plans.
The initial step in the strategic management process is evaluating the success of action plans.
False
Formulating action plans is a core component of the strategic management process.
Formulating action plans is a core component of the strategic management process.
True
Strategic management solely involves top management without considering the organization's resources.
Strategic management solely involves top management without considering the organization's resources.
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The effectiveness of deployed strategies in strategic management is evaluated only at the end of the process.
The effectiveness of deployed strategies in strategic management is evaluated only at the end of the process.
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