At which step of the strategic management process do managers identify opportunities and threats?
A) internal analysis
B) formulate strategies
C) external analysis
D) identify current mission, objectives, and strategies
E) evaluate results

Question

Quizplus · Accepted Answer

Identifying opportunities and threats is part of the external analysis stage of the strategic management process. This involves gathering information about the external environment, such as the industry, competitors, and economic factors, to identify opportunities and threats that may affect the organization's performance.

At Which Step of the Strategic Management Process Do Managers