The emphasis of strategic management is on
A) monitoring and evaluating external opportunities and threats in light of a corporation's strengths and weaknesses.
B) first line managers.
C) the short-run performance of the corporation.
D) an examination of the organization's internal environment.
E) an investigation of competitor actions.

Question

Quizplus · Accepted Answer

The emphasis of strategic management is on monitoring and evaluating the external environment, which includes opportunities and threats, in light of a corporation's strengths and weaknesses. This helps to develop a strategy that can take advantage of opportunities and mitigate threats while leveraging the corporation's strengths and addressing weaknesses.

The Emphasis of Strategic Management Is on