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:

Verified
Correct Answer:
Verified
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