CA Inter P6 · Chapter 10 · Question 6 of 10
Which sequence correctly shows the stages of the strategic management process?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: A) Strategic intent → environmental and organisational analysis → strategy formulation → strategy implementation → strategy evaluation and control
Explanation
The process starts by setting strategic intent (vision, mission, objectives). The organisation then analyses its external and internal environment, formulates strategy by choosing among alternatives, and implements it. Finally it evaluates performance and takes corrective action, which feeds back into the earlier stages.
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