________ requires a manger to visit an earlier step in the strategic-management process in order to revise actions if necessary.

Question

Quizplus · Accepted Answer

The feedback loop is a critical component of the strategic management process as it allows managers to evaluate the effectiveness of their strategies and make necessary revisions if required. Through the feedback loop, managers can revisit the earlier steps in the process, including the organizational mission, strategy formulation, and current reality assessment to make adjustments to their plan.

________ Requires a Manger to Visit an Earlier Step in the Strategic-Management