A Key Component of the Strategic Planning Process Is to Assess

question 20

Multiple Choice

A key component of the strategic planning process is to assess the environment. Place the steps of the assessment process in order:

• A) Identify strengths and weaknesses internal to the organization.
• B) Shape strategies into a strategic plan on which strategic management is based.
• C) Establish priorities for the critical issues so that strategies are based on the priority issues.
• D) Analyze strengths, weaknesses, opportunities, and threats for their impact on the organization.
• E) Analyze internal components for the purpose of drafting a picture of the critical features of the organization.

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Definitions:

Internal Factor

refers to elements within an organization or individual that can influence decisions, behaviors, and outcomes, such as values, resources, and goals.

Appropriate Job

An employment position that is well-suited to an individual's skills, interests, and qualifications.

Prospecting Cover Letter

A type of cover letter sent to inquire about potential job opportunities or to introduce oneself to a potential employer, even when no job has been advertised.

Unsolicited

Something not asked for and often unwanted, typically referring to communications or goods.