Final answer:
The step in strategic development that involves turning strategies into action is Strategy implementation. It includes communication, leadership, and resourcing to realize strategic plans. Strategy implementation is distinct from strategy formulation, evaluation, and seeking competitive advantages.
Step-by-step explanation:
The step in the strategic development process that involves mobilizing employees and managers to put strategies into action is C) Strategy implementation.
Strategy implementation is the phase where the planned strategies are executed, which typically involves communication, leadership, and the application of resources to ensure that the strategic plans are realized. It entails assigning responsibilities, developing detailed action plans, aligning resources, and ensuring that the entire organization is moving towards the strategic goals.
On the contrary, strategy formulation is about creating strategies, strategy evaluation focuses on assessing the strategies, and strategic advantage and competitive advantage are outcomes or objectives that organizations aim to achieve through strategic processes.