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  3. Study Set
    Strategic Management Study Set 1
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    Exam 1: Strategic Leadership: Managing the Strategy-Making Process for Competitive Advantage
  5. Question
    The First Component of the Strategic Management Process Is Crafting
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The First Component of the Strategic Management Process Is Crafting

Question 67

Question 67

True/False

The first component of the strategic management process is crafting the organization's mission statement,which provides the framework or context within which strategies are formulated.

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