Which of the following in the strategic management process is part of the step 'analysing the organisation's resources'?
A)identifying opportunities and threats
B)formulating strategy
C)mission statement
D)implementing strategy
E)identifying strengths and weaknesses

Question

Quizplus · Accepted Answer

Identifying strengths and weaknesses is part of the step of analyzing the organization's resources. Identifying opportunities and threats is part of the external analysis, formulating strategy is part of the strategy formulation step, mission statement is part of the vision and mission step, and implementing strategy is part of the final step of executing the strategy.

Which of the Following in the Strategic Management Process Is