Which of the following is a component of strategic management?
A) Establishment of mission, vision, and goals.
B) SWOT analysis.
C) Strategic control.
D) Strategy implementation.
E) All of these are components of strategic management.

Question

Quizplus · Accepted Answer

As shown in Figure 4.4, the strategic management process has six major components: establishment of mission, vision, and goals; analysis of external opportunities and threats; analysis of internal strengths and weaknesses; SWOT (strengths, weaknesses, opportunities, and threats) analysis and strategy formulation; strategy implementation; and strategic control.

Which of the Following Is a Component of Strategic Management