The First Step in the Strategic Management Process Is

question 45

Multiple Choice

The first step in the strategic management process is

• A) defining the mission and major goals of the organization.
• B) analyzing the macroenvironment.
• C) analyzing the industry environment.
• D) determining the firm's strengths and weaknesses.
• E) deciding on a fit between the organization's strengths and weaknesses and the environment's opportunities and threats.

---

Definitions:

Ankle Bones

The bones that form the joint connecting the foot to the leg, including the tibia, fibula, and talus.

Nasal Cavity

The large air-filled space above and behind the nose in the middle of the face, involved in breathing and smelling.

Wrist

The joint connecting the hand to the forearm, allowing for a wide range of motion and flexibility.

Marble-Sized

Describes an object or mass that is about the same size as a marble, indicating a small, round shape approximately 1/2 inch to 1 inch in diameter.