menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Management Study Set 1
  4. Exam
    Exam 6: Section 3: Organizational Strategy
  5. Question
    The First Step in the Strategy-Making Process Is To
Solved

The First Step in the Strategy-Making Process Is To

Question 1

Question 1

Multiple Choice

The first step in the strategy-making process is to:


A) assess the need for strategic change
B) conduct a situation analysis
C) choose strategic alternatives
D) evaluate the impact of changes on the internal environment
E) create a strategic budget

Correct Answer:

verifed

Verified

Related Questions

Q2: An organization implementing a(n)_ strategy would NOT

Q3: The _is a portfolio strategy that managers

Q4: Which of the following is a mechanism

Q5: The research on diversification in portfolio management

Q6: Which of the following is a condition

Q7: In any organization, the _are the less

Q8: Resource similarity and_ are factors that determine

Q10: Significant cost reductions, layoffs of employees, closing

Q11: According to Michael Porter, five industry forces

Q73: In a situational analysis, a strategic group

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines