Which of the Following Is a Major Function of the Strategic

question 79

Multiple Choice

Which of the following is a major function of the strategic management model?

• A) It helps make profits for the firm
• B) It helps in identifying key issues faced by the firm
• C) It helps in deciding which products to sell
• D) It depicts the sequence and relationships of the major components of the strategic management process

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Definitions:

Execution

The phase in project management where plans are put into action to create the project's deliverables, adhering to agreed specifications and timelines.

Closeout

The final phase of a project where all activities are completed, documents are finalized, and the project is officially concluded.

Project Documents

Comprehensive collection of documents that cover all aspects of a project from initiation to closure, including plans, reports, and correspondence.

Archived

Describes the process of storing records, documents, or data in a secure location for long-term preservation and future reference.