The Five Steps of Strategic Decision Making Include All of the Following

question 59

Multiple Choice

The five steps of strategic decision making include all of the following steps except:

• A)Obtain information and conduct analyses.
• B)Determine the organization's strategy.
• C)Identify the alternative actions.
• D)Continue an on-going evaluation of the problem.
• E)Choose and implement the desired action.

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Definitions:

Industrial Revolution

A period of major industrialization that took place during the late 1700s and early 1800s, changing economies and societies.

Market Economy

A system where economic decisions and pricing of goods and services are guided by the interactions of citizens and businesses in a free market.

Supreme Court

The highest federal court in the United States, having ultimate appellate jurisdiction over all federal and state court cases that involve a point of federal law.

Marshall

A title used in several official positions within different spheres, such as military or ceremonial, often associated with maintaining order and executing duties.