The Strategic Management Process (Scenario)

question 100

Multiple Choice

The Strategic Management Process (Scenario)
Kerry is vice-president of operations at Delta Corp. The company president has asked Kerry to lead the strategic management process that will help guide Delta through the next five to ten years. At next week's management meeting, Kerry must give a presentation that explains the process. In preparation, Kerry begins by reviewing the steps in the strategic management process from his university textbook.
-Kerry learns that the first step in the strategic management process is to ________.

• A)formulate strategies
• B)conduct internal analysis
• C)conduct external analysis
• D)identify the organization's current mission,objectives,and strategies

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Definitions:

CS

An abbreviation for Conditioned Stimulus, which refers to a previously neutral stimulus that, after association with an unconditioned stimulus, comes to trigger a conditioned response.

US

Abbreviation for the United States, a country in North America.

Conditioned Response

The automatic response established by training to an ordinarily neutral stimulus.

Gun-Shy Dog

A term used to describe a dog that is afraid of loud noises, such as gunfire or fireworks, often due to lack of exposure or negative experiences.