What Is the First Step in the Strategy-Making Process

question 34

Multiple Choice

What is the first step in the strategy-making process?

• A)assess the need for strategic change  
• B)conduct a situational analysis  
• C)choose strategic alternatives  
• D)evaluate the impact of changes on the internal environment

Recognize the significance of goal commitment and its effect on performance outcomes.

Distinguish between the effects of learning goal orientation and performance goal orientation on task execution.

Identify the role of equity theory in influencing work behavior and outcomes.

Understand the process theories of motivation and how they explain motivational differences.

---

Definitions:

Mission

A statement that expresses the organization’s reason for existence in society.

Values

Core beliefs or principles that guide behavior and decision-making within an individual or organization.

Core Values

Core values that govern conduct and decision-making in a company.

Organizational Identity

The self-concept of an organization based on its values, beliefs, culture, and ways of working, which distinguishes it from others.