The Strategic Management Process

The Strategic Management Process
You finally made it.You were recently promoted to Executive Vice President in the corporate division.On the first day in your new position, the Chairperson said she was pleased at your new promotion and looked forward to hearing your presentation at next week's meeting concerning the new strategic management process you will be handling.You smiled, even though your stomach was churning.Unfortunately, this was the first you had heard about this meeting, and other than doing your small part in past planning efforts, you have little idea about how to design a strategic management process.You quickly grab your daughter's management textbook and read up on the topic.
-Refer to The Strategic Management Process (Scenario) .You learn that a critical part of the second step in the process, the one that needs completing directly before analysing the organisation's resources, is ________.

A) identifying opportunities and threats
B) identifying strengths and weaknesses
C) formulating strategies
D) implementing strategies
E) evaluating results