The Strategic Management Model presents the following process of strategy formulation:
A) Objectives - Policies - Strategies - Mission.
B) Mission - Policies - Strategies - Objectives.
C) Policies - Mission - Strategies - Objectives.
D) Policies - Strategies - Objectives - Mission.
E) Mission - Objectives - Strategies - Policies.

Question

Quizplus · Accepted Answer

The Strategic Management Model typically follows the sequence: Mission, Objectives, Strategies, and Policies. The mission defines the organization's purpose, objectives set specific goals, strategies outline how to achieve these goals, and policies provide guidelines for decision-making.

The Strategic Management Model Presents the Following Process of Strategy