What Is the First Step in the Strategic Planning Process

question 142

Multiple Choice

What is the first step in the strategic planning process?

• A)Define an organization's mission.
• B)Monitor and adapt plans.
• C)Assess the competitive position.
• D)Develop strategies for reaching objectives.

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Definitions:

BPR

Business Process Reengineering, a management strategy focusing on the analysis and redesign of workflows and processes within an organization to improve performance.

Six Sigma

A set of techniques and tools for process improvement aimed at reducing defects and improving quality in manufacturing and business processes.

BPI

Business Process Improvement entails evaluating, analyzing, and enhancing business processes to optimize performance and meet best practice standards.

Automating Order Entry

The use of software or systems to enter orders into a processing system automatically, reducing manual efforts and errors.