Which of the following is a major function of the strategic management model?

Question

Quizplus · Accepted Answer

The major function of the strategic management model is to depict the sequence and relationships of the major components of the strategic management process, which includes analyzing the external environment, setting strategic goals and objectives, formulating strategies, implementing strategies, and evaluating results. While identifying key issues and making profits are important outcomes of the strategic management process, they are not the primary functions of the model itself. Deciding which products to sell is a part of the product or marketing strategy and not necessarily the strategic management model as a whole.

Which of the Following Is a Major Function of the Strategic