Strategic Management Process Quiz

<p>To provide a sense of purpose and direction</p> Signup and view all the answers

<p>Strategic analysis assesses the current situation, while strategic evaluation assesses the effectiveness of strategies</p> Signup and view all the answers

<p>Strategic Intent, Vision, Mission, Business definition, Business model, Objectives, Strategy Formulation, Environmental Organizational Appraisal, SWOT Analysis, Corporate-level Strategies, Business-level Strategies, Strategic analysis and choice, Strategic plan, Strategy Implementation, Strategic Evaluation, Project Procedural, Resource allocation, Structural, Behavioral, Functional &amp; Operational, Strategic control</p> Signup and view all the answers

<p>Strategic management is a process—a flow of information through interrelated stages of analysis toward the achievement of some goal</p> Signup and view all the answers

<p>To assess the internal and external factors that may affect the achievement of strategic goals</p> Signup and view all the answers

<p>To assess the effectiveness of the implemented strategies and their impact on the organization's performance</p> Signup and view all the answers

<p>Diversification, vertical integration, strategic alliances, mergers and acquisitions</p> Signup and view all the answers