Which of the following is not true for strategic management?
A)It should be done once each year just before developing the operating plan
B)It supports consistency of action at every level of the organization
C)It develops an integrated and coordinated long-term plan of action
D)It positions the firm to meet the needs of its customers
E)All of these are true statements

Question

Quizplus · Accepted Answer

Two major dimensions of strategic management are responding to changes in the external environment and allocating scarce resources of the firm to improve its competitive position.Constant scanning of the external environment for changes is a major requirement for survival in a dynamic competitive environment.

Which of the Following Is Not True for Strategic Management