Once strategic management is adopted as the operating philosophy of managing, strategic thinking, strategic planning, and managing the strategic momentum require frequent validation of the strategic assumptions to determine whether issues in the external environment have changed and to what extent.

Question

Quizplus · Accepted Answer

This statement accurately reflects the importance of regularly validating strategic assumptions in the context of strategic management. As external factors can change rapidly and unpredictably, regular validation helps ensure that a company's strategy remains effective and responsive to new challenges or opportunities.

Once Strategic Management Is Adopted as the Operating Philosophy of Managing