In order to increase their competitiveness,organizations must continually analyze their strategy and their competitive environments.Strategy analysis includes
A) assessing intellectual capital as well as analyzing the internal and external environment.
B) formulating Internet and international-level strategy.
C) strategic leadership and fostering entrepreneurship.
D) strategy implementation and strategic controls.

Question

Quizplus · Accepted Answer

Strategy analysis involves assessing both the internal (intellectual capital) and external environment in order to determine the best course of action for the organization. Formulating Internet and international-level strategy, strategic leadership, and entrepreneurship are all important aspects of overall strategic planning, but they are not specific to strategy analysis. Strategy implementation and strategic controls are important after a strategy has been developed, but are not directly related to strategy analysis.

In Order to Increase Their Competitiveness,organizations Must Continually Analyze Their