What Is the First Step in the Strategic Management Process

question 34

Multiple Choice

What is the first step in the strategic management process?

• A)formulating a strategy
• B)defining the current business
• C)translating a mission into goals
• D)implementing an environmental scan

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Definitions:

Orienting Members

The act of introducing and acclimatizing new participants to the objectives, procedures, and norms of a group.

Group Procedures

Encompasses the methods, rules, and protocols followed by a group to achieve its objectives and manage its operations.

Screening

The process of evaluating or testing individuals for the presence of conditions or suitability for specific roles or treatments.

Treatment Group

A group of individuals receiving a specific therapeutic intervention or participating in a research study aimed at evaluating the effectiveness of such interventions.