Who is called the Father of Strategic Management?
Michael Porter
Igor Ansoff
Chandler
John Nash
What is the starting point of Strategic Intent?
Vision
Objective
Mission
Goal
Hierarchy of Strategic Intent:
Vision > Mission > Goals > Objectives > Plans
Plans > Vision > Mission > Goals > Objectives
Goals > Vision > Mission > Objectives > Plans
Mission > Vision > Goals > Objectives > Plans
SWOT stands for
Services worldwide optimization and transport
Strength weakness opportunities and threats
Special weapons for operations for timeless
Strength worldwide overcome threats
Which of the following is not a major element of the strategic management process?
Evaluating strategy
Formulation strategy
Implementing strategy
Assigning administrative tasks