Ask Question
4 November, 17:22

Which of the following stages of the strategic management process involves an evaluation of a firm's external and internal environments?

A. Strategy analysis

B. Strategy implementation

C. Strategy formulation

D. Strategy control

+5
Answers (1)
  1. 4 November, 17:28
    0
    Answer is option A, i. e. Strategy analysis.

    Explanation:

    Strategy analysis can be understood as a process of evaluating the environment in which the business operates. This environment includes both internal as well as external environment. For a business to be successful, it is important that both internal, as well as the external environment, should be taken into consideration. Therefore, the correct answer is option A.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which of the following stages of the strategic management process involves an evaluation of a firm's external and internal environments? A. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers