The strategic management process is the way or framework that businesses formula
ID: 415640 • Letter: T
Question
The strategic management process is the way or framework that businesses formulate initiatives that will create superior value for customers and then implement them to out-perform competitors the analysis of internal and external forces at work on a company that may prevent it from achieving average returns the utilization of the resource-based model of above-average returns to identify the internal resources a company should 0 leverage to achieve strategic competitiveness the identification of the industry in which a company should compete due to the attractiveness of that industry's profitabiliExplanation / Answer
Marketing process includes ways in which value can be created for the customers to satisfy their requirements. ... In marketing process, the situation is examined to identify opportunities, the strategy is formulated for a value proposition, tactical decisions are taken, plan is executed, and results are monitored.
Your ans: (c)
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