Which of the following is typically the first step in the strategic planning process for organizations?
A) Organizational mission
B) SWOT analysis
C) Formulating organizational strategy
D) Establishing goals and objectives

Question

Quizplus · Accepted Answer

Typically, the first step in the strategic planning process for organizations is to establish or review the organizational mission. This involves identifying the purpose and values of the organization, as well as its primary stakeholders and the key products or services it provides. From there, the organization can move on to conducting a SWOT analysis, formulating a strategy, and establishing goals and objectives.

Which of the Following Is Typically the First Step in the Strategic