Which of the steps in the strategic management process informs all the rest?

Question

Quizplus · Accepted Answer

Environmental analysis is the first step in the strategic management process as it involves gathering information on the external and internal environment of the organization. This information is then used in the subsequent steps of goal formulation, strategy formulation, and strategic control. Therefore, environmental analysis informs all the other steps in the strategic management process.

Which of the Steps in the Strategic Management Process Informs