Strategy Formulation and Implementation Quiz

Understanding the past strategy decisions

Selecting the best strategic options (correct)

Evaluating current resources

Implementing the formulated strategy

Putting formulated strategy into practice (correct)

Planning future strategies

Analyzing past strategies

Evaluating strategic options

Yes, they are completely independent

No, they are now considered as a single process (correct)

They are irrelevant in strategic management

Implementation precedes formulation

<p>They should not be defined alone or separated from each other</p> Signup and view all the answers

<p>They are interdependent and dynamic</p> Signup and view all the answers

<p>Strategy formation</p> Signup and view all the answers