Question: Strategic management consists of four basic elements: Environmental scanning Strategy formulation Strategy implementation Evaluation and control. describe the Strategic Decision-Making Process in detail. Why is

Strategic management consists of four basic elements: Environmental scanning Strategy formulation Strategy implementation Evaluation and control.

describe theStrategic Decision-Making Processin detail.

  • Why is it important for companies to follow a strategic process?
  • Why is it important for a department to follow a strategic process?
  • Describe each step with enough detail to demonstrate active learning.
  • Share some questions and methods someone might use to assist in this process.
  • How could someone communicate the importance of this process to their department?

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