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

Question

Quizplus · Accepted Answer

Developing a sustainable business model is not one of the five stages of an ongoing, continuous strategic management process. The five stages are developing a strategic vision, crafting a strategy, setting objectives, executing the chosen strategy and evaluating performance and making corrective adjustments.

Which One of the Following Is Not One of the Five