After Developing a Mission Statement and Setting Objectives, the Next

question 89

Multiple Choice

After developing a mission statement and setting objectives, the next step in the strategic planning process is to:

• A) implement the strategy
• B) conduct a situation audit
• C) allocate resources
• D) contemplate competitive factors
• E) evaluate the process and be willing to make adjustments

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Definitions:

Governmental Structure

The organizational framework that dictates how a government is run, including the division of powers, roles, and responsibilities among its parts.

Charles II

The king of England, Scotland, and Ireland who reigned during the Restoration period (1660-1685) after the English Civil War, known for his policies of religious tolerance.

New Netherlands

A 17th-century colonial province of the Dutch Republic that encompassed parts of what is now the northeastern United States.

Navigation Acts

A series of English and later British laws that regulated trade between England and its colonies to control colonial commerce and ensure it benefitted England.