Once managers have completed their analysis of the strengths, weaknesses, opportunities, and threats facing the organization, they can proceed to the next step of the strategic management process, which is to __________.
A) identify competitors
B) identify the organization's current mission, goals, and strategy
C) implement strategies
D) formulate strategies
E) identify environmental trends

Question

Quizplus · Accepted Answer

Once the SWOT analysis is completed, the next step in the strategic management process is to formulate strategies based on the analysis. This involves using the information gathered in the SWOT analysis to identify specific goals and actions that will address the issues identified.

Once Managers Have Completed Their Analysis of the Strengths, Weaknesses