Which of the Following Lists the Strategic Management Process in Proper

question 24

Multiple Choice

Which of the following lists the strategic management process in proper order?

• A) Formulate strategy; Evaluate strategy; Perform SWOT analysis; Define new mission/goals; Execute strategy; Control strategy
• B) Perform SWOT analysis; Evaluate current mission/goals; Formulate strategy; Execute strategy; Define new mission/goals
• C) Evaluate current mission/goals; Define new mission/goals; Formulate strategy; Execute strategy; Perform SWOT analysis
• D) Evaluate current mission/goals; Perform SWOT analysis; Define new mission/goals; Formulate strategy; Execute strategy
• E) Define new mission/goals; Execute strategy; Formulate strategy; Evaluate new mission/goals; Perform SWOT analysis

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Definitions:

Effective Performance

Refers to the degree to which an individual or organization meets its objectives or goals efficiently and effectively.

Needs Analysis

The process of identifying and evaluating the requirements or gaps in a system, process, or organization to determine necessary improvements or interventions.

Training Solution

A strategic approach designed to address and resolve gaps in knowledge, skills, or abilities through tailored training programs.

Creative Techniques

Innovative methods or strategies used to produce new ideas or solve problems.