In Which Step of the Strategy Formulation Process Would a SWOT

question 60

Multiple Choice

In which step of the strategy formulation process would a SWOT analysis take place?

• A) Matching the organization and its environment
• B) Analyzing the organization and the environment
• C) Developing tactical and operations plans
• D) Setting strategic goals
• E) Contingency planning and crisis management

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Definitions:

Category

A group or category of individuals or objects that are considered together because of similar attributes they possess.

Fundamental Attribution Error

The tendency for observers to overemphasize dispositional or personality-based explanations for behaviors observed in others while underemphasizing situational explanations.

Success

The achievement of a set goal, objective, or desired outcome.

Embezzlement

The act of dishonestly withholding assets for the purpose of conversion of such assets, by one or more individuals to whom the assets were entrusted.