106k views
4 votes
Identifying an organization's existing vision, mission, objectives, and strategies is the final step for the strategic management process.

a) True
b) False

1 Answer

4 votes

Final answer:

The identification of an organization's current vision, mission, objectives, and strategies is not the final step of the strategic management process, but rather one of the initial steps that set the stage for further strategy development and implementation.

Step-by-step explanation:

Identifying an organization's existing vision, mission, objectives, and strategies is not the final step for the strategic management process. This statement is false. The strategic management process typically begins with the identification of an organization's current mission, vision, objectives, and strategies. This step is crucial for understanding the current state of the organization and for setting the groundwork for strategic analysis and planning. The final steps often involve implementing the strategies, monitoring, and evaluating the results to make necessary adjustments.

User MatheM
by
7.5k points