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

question 44

Multiple Choice

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

• A)Based on strategy and analysis, choose and implement the desired alternative.
• B)Identify the alternative actions.
• C)Determine the strategic issues surrounding the problem.
• D)Select the proper cost management technique.
• E)Provide an ongoing evaluation of the effectiveness of the decision.

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Definitions:

Apollo Program

NASA's project aimed at landing humans on the Moon and bringing them safely back to Earth.

Federal Budget

The estimated revenue and expenditure for a forthcoming fiscal year by the federal government.

Natural Environment

The physical, chemical, and biological factors and processes that occur naturally, including land, water, atmosphere, plants, and animals.

Aerospace Industry

A sector that deals with the development and manufacturing of flight vehicles, including aircraft, spacecraft, satellites, and their components.