Identify the Six Steps in the Strategic Management Process and Briefly

question 98

Essay

Identify the six steps in the strategic management process and briefly explain what happens in each step.

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Definitions:

Simon LeVay

A neuroscientist known for his research on brain structures and sexual orientation, particularly for his study on hypothalamic structures in homosexual and heterosexual men.

Do Your Best

A motivational encouragement to strive for the highest level of performance possible.

Productivity

The effectiveness of productive effort, especially in industry, as measured in terms of the rate of output per unit of input.

Challenging Goal

An objective that is difficult to achieve but motivates individuals or groups to extend their efforts, skills, and strategies.