Which one of the following is not one of the five stages of an ongoing,continuous strategic management process?
A) forming a strategic vision of the company's future direction and focus
B) setting objectives to measure progress toward achieving the strategic vision
C) crafting a strategy to achieve the objectives and get the company where it wants to go
D) developing a profitable business model
E) implementing and executing the chosen strategy efficiently and effectively

Question

Quizplus · Accepted Answer

Developing a profitable business model is not one of the five stages of an ongoing, continuous strategic management process. The five stages are forming a strategic vision, setting objectives, crafting a strategy, implementing the strategy, and evaluating and making adjustments as necessary.

Which One of the Following Is Not One of the Five