Q153
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
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
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.