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Management · Q235

Strategic Management

Graduate and Post Graduate · Management · question 235

Q235

____________ assesses the whole strategic management process

A.
Strategic audit
Answer
B.
Company audit
C.
Business audit
D.
None of the above

Answer: Option A

Solution

Answer: Option A
Solution:
Strategic audit assesses the whole strategic management process. A strategic audit is an in-depth review to determine whether a company is meeting its organizational objectives in the most efficient way. Additionally, it examines whether the company is utilizing its resources fully. A successful strategic audit is beneficial to any company.