At Which Step of the Strategic Management Process Do Managers

question 41

Multiple Choice

At which step of the strategic management process do managers assess their financial capital,technical expertise,employee skills,and marketing capabilities?

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

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Definitions:

Laminated Construction

A manufacturing technique used in electrical machines and transformers to minimize eddy current losses by stacking thin sheets of metal together.

Thin Sheets

Flat, slender pieces of material of small thickness compared to its other dimensions.

Metal

A class of elements characterized by high electrical conductivity, luster, malleability, and which are typically solid at room temperature, except for mercury.

Toroid

A doughnut-shaped ring, often made of magnetic materials, used in the construction of inductors and transformers due to its efficiency in containing magnetic fields.