Identifying the strategic issues and problems that merit front-burner managerial attention:
A) is accomplished solely by analyzing the company's internal working environment.
B) helps set management's agenda for taking actions to improve the company's performance and business outlook.
C) is done solely by evaluating the company's own internal situation-its resources and competitive position-to help come up with a "worry list" of "how to…," "whether to…," and "what to do about…"
D) is done solely as a basis for drawing conclusions about whether to stick with a company's present strategy or to modify it.
E) is accomplished solely by analyzing the company's external environment.

Question

Quizplus · Accepted Answer

Identifying the strategic issues and problems that merit front-burner managerial attention is done to set management's agenda for taking actions to improve the company's performance and business outlook. This involves evaluating both the internal and external environment of the company to come up with a "worry list" of "how to…," "whether to…," and "what to do about…" Therefore, option A, C, D, and E are not correct as they all suggest that the analysis is done solely on either internal or external environment.

Identifying the Strategic Issues and Problems That Merit Front-Burner Managerial