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.Related Questions on Strategic Management
Strategy is developed by the visionary chief executive in ___________ mode of strategic management
A. planning mode
B. adaptive mode
C. strategic mode
D. entrepreneurial mode
Stability strategy is a ____________ strategy
A. corporate level
B. business level
C. functional level
D. strategic level
What are the means by which long term objectives will be achieved?
A. Strategies
B. Policies
C. Strength
D. Opportunities
Marketing strategy is a ___________ type of strategy
A. business level
B. Growth strategy
C. corporate strategy
D. functional strategy
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