Question: Strategy is A. a complex concept that involves many different processes and activities within an organization. B. involving goals and objectives that an organization needs

  1. Strategy is

    A.

    a complex concept that involves many different processes and activities within an organization.
    B.

    involving goals and objectives that an organization needs to achieve to be successful in the marketplace.
    C.

    long-term in nature.
    D.

    all the above

    1. The 5 phases of the strategic management process are to assess the organization's current strategic direction, identify and analyze strengths and weaknesses, formulate action plans, execute action plans, and _______the success of the action plans.


    1. Great ________ about strategy can be acquired by understanding the past but ignoring the lessons of history can lead to costly strategic mistakes that could have been avoided.

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