Which of the Following Lists the Strategic Management Process in Proper

question 24

Multiple Choice

Which of the following lists the strategic management process in proper order?

• A) Formulate strategy; Evaluate strategy; Perform SWOT analysis; Define new mission/goals; Execute strategy; Control strategy
• B) Perform SWOT analysis; Evaluate current mission/goals; Formulate strategy; Execute strategy; Define new mission/goals
• C) Evaluate current mission/goals; Define new mission/goals; Formulate strategy; Execute strategy; Perform SWOT analysis
• D) Evaluate current mission/goals; Perform SWOT analysis; Define new mission/goals; Formulate strategy; Execute strategy
• E) Define new mission/goals; Execute strategy; Formulate strategy; Evaluate new mission/goals; Perform SWOT analysis

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Definitions:

Political Correctness

The avoidance of expressions or actions that can exclude, marginalize, or insult groups of people traditionally discriminated against.

Marginalized Groups

Populations or communities that are excluded, disadvantaged, or relegated to the fringe of society based on a variety of factors like race, gender, economic status, or sexuality.

Busing System

A method of transportation that uses buses to move people from one place to another, often used in the context of desegregating schools by transporting students to schools outside their neighborhoods.

Economic Difficulties

Situations characterized by financial challenges, such as high unemployment rates, inflation, and poverty.