The five steps of strategic decision making include all of the following except:
A)Based on strategy and analysis, choose and implement the desired alternative.
B)Identify the alternative actions.
C)Determine the strategic issues surrounding the problem.
D)Select the proper cost management technique.
E)Provide an ongoing evaluation of the effectiveness of the decision.

Question

Quizplus · Accepted Answer

The proper cost management technique is not one of the five steps of strategic decision making. The other four steps are: identifying alternative actions, determining the strategic issues, choosing and implementing the desired alternative based on strategy and analysis, and providing ongoing evaluation of the effectiveness of the decision.

The Five Steps of Strategic Decision Making Include All of the Following