Multiple Choice
The second component of the strategic management process is
A) an analysis of the organizations internal environment
B) development of the mission statement
C) a statement of the vision for the organization
D) an analysis of the organization's external environment
E) a statement of the key values of the organization
Correct Answer:

Verified
Correct Answer:
Verified
Q1: The comparison of strategy, weaknesses, operations, and
Q2: Successful strategic planning<br>A) encompasses managers at all
Q3: _ is rooted in the tendency to
Q4: The Internet has been around since the
Q5: _ occurs when strategic plans are formulated
Q7: Devil's advocacy<br>A) involves one group member being
Q8: Scenario-based planning is a technique for coping
Q9: The more efficient a company is, the
Q10: _ enables a firm to evaluate the
Q11: A competitive advantage is considered to be