Strategic management process usually consists of _________steps.
ASix
BSeven
CFive
DFour
Correct answer
C. Five
Explanation
The five stages of the process are goal-setting, analysis, strategy formation, strategy implementation and strategy monitoring. Clarify Your Vision . The purpose of goal-setting is to clarify the vision for your business. … Gather and Analyze Information. Formulate a Strategy Implement Your Strategy Evaluate and Control