Information gathered during __________ serves as a foundation for the formulation of the organization's strategic plan.
A) strategic analysis
B) strategic implementation
C) strategic formulation
D) strategic evaluation
E) strategic control

Question

Quizplus · Accepted Answer

Strategic analysis is the process of conducting research on the business environment within which an organization operates and on the organization itself, in order to formulate strategy. It provides the necessary information foundation for the strategic planning process.

Information Gathered During __________ Serves as a Foundation for the Formulation