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Which of the following is not one of the steps in the strategic management process?
Stock Options
A benefit often granted to employees, giving them the right to buy the company's stock at a fixed price within a specific period.
Incentives
Rewards or bonuses given to employees or teams to motivate performance and achieve specific business outcomes.
Factors
Variables or elements that contribute to a particular outcome or situation; can be economic, social, technological, or of any nature depending on the context.
Incentive Pay
A form of compensation designed to reward employees for achieving specific performance goals or outcomes, typically beyond standard job expectations.
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