Which of the following is the last step in the process of strategic management?

Question

Quizplus · Accepted Answer

Strategy implementation is the last step in the process of strategic management. It involves putting the formulated strategies into action and ensuring that the organization is moving towards the desired goals and objectives. This step also includes monitoring and evaluating the progress of the implemented strategies and making necessary adjustments. Strategic analysis and strategy formulation come before implementation, and strategic marketing and outsourcing are specific aspects that may be included in the overall process but not necessarily the final step.

Which of the Following Is the Last Step in the Process