The first step in the strategic management process is to

Question

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The first step in the strategic management process is to select the corporate mission and major corporate goals. This provides a clear direction for the organization and helps in decision making for the rest of the process. Analyzing the competitive environment, examining the organizational structure, and analyzing internal strengths and weaknesses are all important steps in the process, but they come after setting the corporate mission and goals.

The First Step in the Strategic Management Process Is to