The First Component of the Strategic Management Process Is

question 59

Multiple Choice

The first component of the strategic management process is:

• A) crafting the organization's mission statement.
• B) coming up with a damage control plan.
• C) analyzing the macroenvironment.
• D) determining the firm's employee turnover rate.
• E) deciding on a fit between the organization's strengths and weaknesses and the environment's opportunities and threats.

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Definitions:

Annual Dividend

The total dividend payment a company distributes to its shareholders in a year, often quoted per share.

Total Return

The overall financial gain or loss on an investment, including both capital appreciation/depreciation and dividends or interest over a given period.

Dividend Yield

A financial ratio that indicates how much a company pays out in dividends each year relative to its stock price.

Capital Gains Yield

The price appreciation component of the total return on an investment, calculated as the change in the price of the investment over a period of time.