The basic activities of strategic management include:
A. offense, defense, and control
B. situation analysis, strategy formulation, implementation, and evaluation
C. development, control, and management
D. ethics, management, and practice
Answer: Option B
Solution (By Examveda Team)
The basic activities of strategic management include situation analysis, strategy formulation, implementation, and evaluation. The process of strategic management includes goal setting, analysis, strategy formation, strategy implementation, and strategy monitoring.
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