The ________ is a six-step process that encompasses strategic planning, implementation and evaluation.
A)business strategy continuum
B)SBU analysis
C)strategic management process
D)competitive strategies framework
E)total quality management process

Question

Quizplus · Accepted Answer

The strategic management process is a six-step process that involves strategic planning, implementation, and evaluation. These six steps include: 1) identifying the organization's mission, vision, and values, 2) conducting a situational analysis, 3) formulating a strategy, 4) implementing the strategy, 5) evaluating the strategy, and 6) making adjustments as necessary. The other options listed are either not six-step processes or are not as comprehensive as the strategic management process.

The ________ Is a Six-Step Process That Encompasses Strategic Planning