At Which Step of the Strategic Management Process Do Managers

question 140

Multiple Choice

At which step of the strategic management process do managers assess their financial capital, technical expertise, employee skills, and marketing capabilities?

• A) identify current mission, objectives, and strategies
• B) formulate strategies
• C) evaluate results
• D) internal analysis
• E) external analysis

---

Definitions:

Arbitration

A method of dispute resolution involving a neutral third party who makes a binding decision to resolve a dispute between two parties.

Complaint

The pleading made by a plaintiff alleging wrongdoing on the part of the defendant; the document that, when filed with a court, initiates a lawsuit.

Court

A governmental institution authorized to resolve legal disputes, enforce laws, and issue judgments.

Appellate Court

A court that reviews and potentially revises the decisions made by lower courts, focusing on the application and interpretation of law rather than fact-finding.