Strategic appraisal essentially involves:
A)Bringing in a strategy consultant or "company doctor".
B)Assess the cash situation of the firm, then work out how to improve it.
C)Assess the current situation; how well is the present strategy doing? Then identify the causes of poor performance.
D)Look for obvious problems. If there aren't any, do nothing.

Question

Quizplus · Accepted Answer

Strategic appraisal involves assessing the current performance of the company's strategy and identifying the causes of any poor performance. This helps in developing strategies to improve the company's overall performance. Bringing in a strategy consultant or "company doctor" may be a part of it, but it's not the only option. Assessing the cash situation of the firm is important, but it's not the only aspect of strategic appraisal. Doing nothing is not an option in strategic appraisal as it involves actively seeking out and addressing issues.

Strategic Appraisal Essentially Involves