Which One of the Following Is Not One of the Five

question 54

Multiple Choice

Which one of the following is not one of the five stages of an ongoing,continuous strategic management process?

• A)Developing a strategic vision of what the company's future direction and focus needs to be
• B)Developing a sustainable business model
• C)Crafting a strategy to advance the company along the path that management has charted and achieve its performance objectives
• D)Setting objectives to measure progress toward achieving the strategic vision
• E)Executing the chosen strategy efficiently and effectively

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Definitions:

Salary Expense

This is the total amount paid to employees for services rendered during a specific period, recorded as an expense on the income statement.