Jamie decides to plan his strategies for starting an electric equipment manufacturing company.His main aim is to ensure that it runs efficiently.He decides to do this in two phases: the planning phase and the implementation phase.Which of the following processes is Jamie employing?
A)retrenchment
B)organizational restructuring
C)strategic management
D)globalization

Question

Quizplus · Accepted Answer

Jamie is employing the process of strategic management, which involves the planning and implementation of strategies to help an organization achieve its goals. The two phases he has identified suggest that he is carefully considering his approach and developing a well-thought-out plan for success. Option A (retrenchment) does not fit this scenario because it typically involves cutting back on expenses or resources to improve financial performance. Option B (organizational restructuring) may involve making changes to personnel, reporting structures, or operational practices, but it doesn't capture the comprehensive planning and implementation process that Jamie is using. Option D (globalization) is not relevant to the information provided.

Jamie Decides to Plan His Strategies for Starting an Electric