Question

The strategic planning process consists of two interrelated activities: development and execution. The foundation for strategy...

The strategic planning process consists of two interrelated activities: development and execution. The foundation for strategy development begins with which of the following?

Group of answer choices

Monitoring and control

Strategy Identification and Selection

SWOT analysis

Strategy Execution

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Answer #1

The foundation of the strategy starts with a SWOT analysis.

This analysis gives the idea and area of improvement for a firm to formulate the strategy upon it

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