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Management · Q308

Strategic Management

Graduate and Post Graduate · Management · question 308

Q308

The basic activities of strategic management include:

A.
offense, defense, and control
B.
situation analysis, strategy formulation, implementation, and evaluation
Answer
C.
development, control, and management
D.
ethics, management, and practice

Answer: Option B

Solution

Answer: Option B
Solution:
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.