Strategy Analysis Is the Starting Point of the Strategic Management

question 30

Multiple Choice

Strategy analysis is the starting point of the strategic management process and consists of the

• A) analysis only of the vision, mission, and objectives of the firm.
• B) analysis of the relevant internal and external environmental factors only.
• C) analysis of relevant competitors only.
• D) matching of vision, mission, and objectives with the relevant internal and external environmental factors.

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Definitions:

Conflict

A situation or disagreement between two or more parties due to opposing interests or opinions.

Never-Married Single Parents

Individuals who have never been married and are raising their children alone, facing unique societal, emotional, and financial challenges.

Middle-Class Status

A socio-economic classification describing individuals or families with moderate income levels and economic stability.

Poverty

A state or condition where an individual or community lacks financial resources and essentials for a minimum standard of living.