Strategic analysis typically refers to the process of:
A) crafting strategies to guide the allocation of resources.
B) revising objectives and selecting new strategies.
C) formulating and implementing strategies.
D) directing the total enterprise.
E) analyzing the organization's competitive position.

Question

Quizplus · Accepted Answer

Strategic analysis typically involves analyzing the organization's external environment and internal resources to determine its competitive position. This information can be used to inform the crafting and selection of strategies, but strategic analysis itself is not necessarily the process of actually crafting or implementing strategies.

Strategic Analysis Typically Refers to the Process Of