Multiple Choice
Which of the following is NOT true for strategic management?
A) It should be done once every few years just before developing the operating plan.
B) It supports consistency of action at every level of the organization.
C) It develops an integrated and coordinated long-term plan of action.
D) It positions the firm to meet the needs of its customers.
E) It involves responding to changes in the external market and allocating scarce resources to improve a competitive position.
Correct Answer:
Verified
Correct Answer:
Verified
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