What is the entire process of conceptualizing the mission of an organization,identifying the strategy,and developing long-range performance goals?
A)strategic plan
B)strategic intent
C)strategic implementation
D)strategic formulation

Question

Quizplus · Accepted Answer

The entire process of conceptualizing the mission of an organization, identifying the strategy, and developing long-range performance goals is referred to as strategic formulation. It involves analyzing the internal and external environment of the organization, defining its purpose and direction, and developing a plan of action to achieve its objectives. Strategic formulation sets the stage for strategic implementation, which involves putting the plan into action and monitoring progress towards achieving the goals.

What Is the Entire Process of Conceptualizing the Mission of an Organization,identifying