The Final Step in the Strategic Management Process Allows an Organization

question 102

Multiple Choice

The final step in the strategic management process allows an organization to understand the ________.

• A)effectiveness of the strategies used
• B)implementation of the strategies
• C)formulation of the strategies
• D)resources and capabilities it possesses

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Definitions:

Operational Reasoning

The stage of cognitive development, as identified by Piaget, in which children develop the ability to think logically about abstract concepts and concrete events.

Metacognition

The awareness and understanding of one's own thought processes, often referred to as "thinking about thinking."

Hypothetical-Deductive Reasoning

A method of problem-solving that involves forming hypotheses and deducing their implications to see if they match with real-world facts.

Hypothetical-Deductive Reasoning

A method of problem solving or decision making that starts with a hypothetical situation and deduces logical outcomes.