The Last Step in the Strategic Management Process Is ________

question 5

Multiple Choice

The last step in the strategic management process is ________.

• A)establishment of an organizational direction
• B)environmental analysis
• C)strategy formulation
• D)strategy implementation
• E)strategic control

---

Definitions:

Logistics Department

A division within a company that is responsible for overseeing the flow of goods and materials from suppliers to the end customer, including storage and transportation.

Operating Divisions

Separate segments or areas of a business that perform operations or services distinct from the company's primary business.

Variable Costs

Expenses that directly fluctuate with the amount of goods produced or the extent of services offered.

Fixed Costs

Costs that remain constant regardless of production or sales volume, like lease payments and wages.