Of the strategic management functions, which is considered the most fundamental?
A) Executing
B) Analyzing
C) Controlling
D) Planning
E) Leading

Question

Quizplus · Accepted Answer

Planning is considered the most fundamental strategic management function as it sets the direction of the organization and determines the allocation of resources to achieve its goals. The other functions (analyzing, controlling, executing, and leading) are all important in implementing the plan, but they are dependent on a well-developed strategic plan.

Of the Strategic Management Functions, Which Is Considered the Most