Which of the following lists the strategic management process in proper order?
A) Formulate strategy; Evaluate strategy; Perform SWOT analysis; Define new mission/goals; Execute strategy; Control strategy
B) Perform SWOT analysis; Evaluate current mission/goals; Formulate strategy; Execute strategy; Define new mission/goals
C) Evaluate current mission/goals; Define new mission/goals; Formulate strategy; Execute strategy; Perform SWOT analysis
D) Evaluate current mission/goals; Perform SWOT analysis; Define new mission/goals; Formulate strategy; Execute strategy
E) Define new mission/goals; Execute strategy; Formulate strategy; Evaluate new mission/goals; Perform SWOT analysis

Question

Quizplus · Accepted Answer

The proper order of the strategic management process is: Evaluate current mission/goals; Perform SWOT analysis; Define new mission/goals; Formulate strategy; Execute strategy. Control strategy is not included in the proper order but is a continuous process throughout the strategic management process. Option D follows this proper order.

Which of the Following Lists the Strategic Management Process in Proper