What Is the Next Step in the Strategic Management Process

question 44

Short Answer

What is the next step in the strategic management process that a company should take after identifying prospective markets?

---

Definitions:

Increased Risk

A situation or condition that elevates the likelihood of experiencing a negative outcome.

Depression

A mental health disorder characterized by persistent feelings of sadness, loss of interest, and various emotional and physical problems.

Substance Abuse

The detrimental or dangerous consumption of substances that affect mental processes, including both alcohol and illegal drugs.

Binge Eating

Eating a large amount of food within a brief period.