At Which Step of the Strategic Management Process Do Managers

question 35

Multiple Choice

At which step of the strategic management process do managers try to find out what the competition is doing and what pending legislation might affect the organization?

• A)identify current mission,objectives,and strategies
• B)formulate strategies
• C)conduct market analysis
• D)conduct external analysis

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Definitions:

Decimal Places

The number of digits to the right of the decimal point in a number.

Coordinates

A set of values that show an exact position on a graph, map, or in a space.

Point

In geometry, it represents an exact location in space with no dimensions.

Quadrants

The four sections of the Cartesian plane, divided by the x and y axes, used to classify the position of points.