McqMate
| Q. |
The strategic management process is |
| A. | a set of activities that will assure a temporary advantage and average returns for the firm. |
| B. | a decision-making activity concerned with a firm’s internal resources, capabilities, and competencies, independent of the conditions in its external environment. |
| C. | a process directed by top-management with input from other stakeholders that seeks to achieve above-average returns for investors through effective use of the organization’s resources. |
| D. | the full set of commitments, decisions, and actions required for the firm to achieve above-average returns and strategic competitiveness. |
| Answer» D. the full set of commitments, decisions, and actions required for the firm to achieve above-average returns and strategic competitiveness. | |
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