Last year, General Motors began a company-wide strategy to improve product quality and customer satisfaction. Recent reports show that GM's product recalls for the first half of the year are higher than for the entire previous year. GM explains that the figures support the corporate commitment to quality and satisfaction. Which step of the strategic management process is GM currently dealing with?
A) formulate a strategy
B) translate the mission into strategic goals
C) evaluate performance
D) perform external and internal audits
E) define the business and its mission
Correct Answer:
Verified
Q1: Vision statements focus on the .
A)future
B)past
C)present
D)all of
Q2: A answers the question, "how do we
Q3: The primary tool used in step two
Q5: The purpose of a strategic plan it
Q6: Translating strategy into action is the essence
Q7: A serves to communicate who a company
Q8: A strategy can also be called a
Q9: A lays out what a business strives
Q10: The of the California Energy Commission is
Q11: The of the California Energy Commission is
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