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The Step of Strategic Planning in Which the Manager Identifies

question 114

True/False

The step of strategic planning in which the manager identifies strengths, weaknesses, opportunities, and threats is known as environmental analysis.


Definitions:

Cognitions

The mental action or process of acquiring knowledge and understanding through thought, experience, and the senses.

Fundamental Attribution Error

The tendency to overemphasize personality traits and underestimate situational factors when evaluating others' behaviors.

Detect Causes

The process of identifying factors or conditions that lead to the occurrence of a particular event or phenomenon.

Stereotypes

Widely held but fixed and oversimplified images or ideas of a particular type of person or thing, which often do not reflect reality.

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