Multiple Choice
The first step of the small business strategy planning process
A) involves performing a SWOT.
B) involves reviewing and confirming the prestrategy decisions that define your firm and your goal for it.
C) is where you consider your customers and the benefits you want to offer them.
D) is to study the dynamics and trends of your industry.
Correct Answer:

Verified
Correct Answer:
Verified
Q13: An organizational life cycle stage in which
Q14: A group discussion in which criticism is
Q15: Changes in competitors,sales and profits in an
Q16: Cost benefits include scale and scope savings.
Q17: Which of the following refers to the
Q19: An imitation business that competes locally with
Q20: The fourth step of the small business
Q21: As a firm gets more experience,it can
Q22: When the sales and profits actually start
Q23: The tool appropriate for the third step