Which of the Following Is the Correct Order for the Strategic

question 29

Multiple Choice

Which of the following is the correct order for the strategic management process?

• A) Strategies, mission, objectives, projects
• B) Objectives, projects, mission, strategies
• C) Mission, strategies, objectives, projects
• D) Objectives, mission, strategies, projects
• E) Projects, mission, strategies, objectives

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Definitions:

Reversed

A decision or process that has been changed to go in the opposite direction, often used in the context of judicial decisions.

Payor Bank

The bank that dispenses the payment on a written draft or check upon presentation.

Drawee Bank

The financial institution upon which a check is drawn or which is directed to pay the specified amount.

Collecting Bank

A financial institution involved in processing items for payment, such as checks, on behalf of a depositor.