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As a firm or business unit develops? strategies, programs, and the? like, it oft

ID: 1167139 • Letter: A

Question

As a firm or business unit develops? strategies, programs, and the? like, it often must go back to revise or correct decisions made earlier in the process. This? process, called? "feedback/learning", occurs at which stage of the strategic management? process? A. After strategy? formulation, implementation, and evaluation. B. After environmental? scanning, strategy? formulation, strategy? implementation, and evaluation and control. C. After evaluation and control. D. After environmental scanning and evaluation and control. E. After strategy formulation and implementation

Explanation / Answer

Answer B

Feedback/Learning process takes information from each part of the process and then revise and improves the process based on the information obtained. This is a continuous process and thus it happens after each stage.

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