The First Component of the Strategic Management Process Is

Multiple Choice

The first component of the strategic management process is

A) deciding on a fit between the organization's strengths and weaknesses, and the environments opportunities and threats.
B) analyzing the macro-environment.
C) analyzing the industry environment.
D) determining the firm's strengths and weaknesses.
E) crafting the organization's mission statement, which provides the framework or context within which strategies are formulated.