Which One of the Following Is Not One of the Five

Multiple Choice

Which one of the following is not one of the five stages of an ongoing,continuous strategic management process?

A) Forming a strategic vision of the company's future direction and focus
B) Setting objectives to measure progress toward achieving the strategic vision
C) Crafting a strategy to achieve the objectives and get the company where it wants to go
D) Developing a profitable business model
E) Implementing and executing the chosen strategy efficiently and effectively