________, the fourth step of the strategic management process, is putting formulated strategies into action.
A) Strategy implementation
B) Environmental analysis
C) Strategic control
D) Strategy formulation
E) Strategic feedback

Question

Quizplus · Accepted Answer

Strategy implementation is the fourth step of the strategic management process where the formulated strategies are put into action. This involves allocating resources, designing the organization's structure, and developing policies and procedures to achieve the desired outcomes. Environmental analysis, strategic control, strategy formulation, and strategic feedback are other steps in the strategic management process, but they come before strategy implementation.

________, the Fourth Step of the Strategic Management Process, Is