Strategic Management Is That Set of Managerial Decisions and Actions

question 74

Multiple Choice

Strategic management is that set of managerial decisions and actions that determine the long-run performance of a corporation. Which one of the following is NOT one of the basic elements of the strategic management process?

• A) strategy formulation
• B) strategy implementation
• C) statistical process control
• D) evaluation and control
• E) environmental scanning

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Definitions:

Proper Training

Comprehensive and structured education or skill development processes designed to equip employees effectively for their roles.

Harassment

Unwanted or aggressive behavior that creates an intimidating, hostile, or offensive environment, especially based on personal characteristics.

Provincial Jurisdiction

The authority and power exercised by a province or state to govern itself and manage its own affairs.

Bullying

Intimidating or mistreating someone weaker or in a vulnerable position, often involving repeated acts over time.