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Information Technology Project Management: Providing Measurable Organizational Value5th EditionJack T. Marchewka 346 solutions According to the Powerpoint presentation, the difference between a business model and a business strategy is that: A) a business strategy answers the question: "How are we going to get there?", whereas a business model puts the numbers to the strategy. B) a business model answers the question: "How are we going to get there?", whereas a business strategy puts the numbers to the strategy. C) a business strategy doesn't consider the long-term, whereas a business model does. D) a business strategy doesn't take the firm's resources into account, where a business model does. E) a business strategy doesn't consider environmental changes, whereas a business model does. Assigning administrative tasks Assigning administrative tasks is NOT a major element of the strategic management process. The process of strategic management includes goal setting, analysis, strategy formation, strategy implementation, and strategy monitoring. About Us McqMate.com is an educational platform, Which is developed BY STUDENTS, FOR STUDENTS, The only objective of our platform is to assist fellow students in preparing for exams and in their Studies throughout their Academic career. what we offer ?» We provide you study material i.e. PDF's for offline use. About Us McqMate.com is an educational platform, Which is developed BY STUDENTS, FOR STUDENTS, The only objective of our platform is to assist fellow students in preparing for exams and in their Studies throughout their Academic career. what we offer ?» We provide you study material i.e. PDF's for offline use. Which of the following is not an element of strategic?Explanation. Objectives are not part of the strategy rather objectives are defined first then a strategy is made to achieve them.
What are the elements of the strategic management process?What are the 5 steps of the strategic management process?. Goal setting. The strategic management process is all about creating a roadmap to help you achieve your vision. ... . Environmental scanning and analysis. The next part of the process is analysis. ... . Strategy formulation. ... . Strategy implementation. ... . Strategy evaluation.. What are the 4 strategic management process?The four phases of strategic management are formulation, implementation, evaluation and modification.
What are the 5 strategic management process?The five stages of the process are: setting goals or objectives, analysis, strategy formation, strategy implementation, and strategy monitoring. The strategic management process is more than a set of rules to follow. It is a philosophical approach to business.
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