What is the step in the strategic management process that follows analysing the organisation's resources?
A)mission statement
B)implementing strategies
C)identifying opportunities and threats
D)analysing the external environment
E)formulating strategies

Question

Quizplus · Accepted Answer

The step that follows analysing the organisation's resources is formulating strategies. This involves using the information gathered during the analysis of resources to develop specific strategies and action plans to achieve the organisation's goals and objectives. After formulating strategies, the organisation can proceed with implementing them.

What Is the Step in the Strategic Management Process That