As indicated in the strategic-management model, a clear _______ is needed before alternate strategies can be formulated and implemented.

A. long-term objective

B. short-term objective

C. policy

D. mission statement

Answer: Option D

Solution(By Examveda Team)

As indicated in the strategic-management model, a clear mission statement is needed before alternate strategies can be formulated and implemented. The strategic management model provides managers and strategists a greater comprehension of the iterative approach in conducting real strategic management in the organizational setting. The strategic management model begins with the development of the organizational mission and vision.