The First Step of Strategic Management Is Designed to ________

question 89

Multiple Choice

The first step of strategic management is designed to ________.

• A)establish an organizational direction
• B)formulate strategy
• C)study the organizational environment
• D)advise managers to commit funds for planning
• E)control the environment

---

Definitions:

Confidentiality

The assurance that no one other than the researcher will know the identity of a respondent.

Ethnography

A qualitative research method used to study cultures and communities by observing and participating in the daily life of the subjects.

Quantitative Data

Data expressing a certain quantity, amount, or range, usually presented in numbers and statistics, and used for mathematical analysis and objective measurement.

Meanings

The significance or interpretation of a word, sign, symbol, or action to individuals or groups within a particular context.