The Strategic Management Process Involves Three Main Phases

question 4

Multiple Choice

The strategic management process involves three main phases. These are:

• A) Strategy analysis, strategy formulation, strategy review
• B) Strategy formulation, strategy implementation, strategy review
• C) Strategy analysis, strategy formulation, strategy implementation
• D) Strategy analysis, strategy implementation, strategy review

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Definitions:

Oval Window

A membrane-covered opening that leads from the middle ear to the cochlea of the inner ear and is involved in the process of hearing.

Eardrum

A thin membrane that separates the external ear from the middle ear, vibrating in response to sound waves and aiding in the process of hearing.

Sensation

How our sensory receptors and nervous system perceive and interpret energy from stimuli in the environment.

Perception

The process by which individuals organize and interpret sensory information to give meaning to their environment and experiences.