Quizzol

ANSWER:

Which of the following are questions that managers are likely to ask when beginning the strategic management process?

Multiple select question.

Is our vision product- or customer-oriented?
Reason:
The first step in the strategic management process is to define an organization’s vision, mission, and values by asking the following questions: Vision. What do we want to accomplish ultimately? Mission. How do we accomplish our goals? Values. What commitments do we make, and what safe guards do we put in place, to act both legally and ethically as we pursue our vision and mission?
What do we ultimately hope to achieve?
correct
What are our values?
correct
How can we achieve our goals?
correct
What is our profit?
Reason:
The first step in the strategic management process is to define an organization’s vision, mission, and values by asking the following questions: Vision. What do we want to accomplish ultimately? Mission. How do we accomplish our goals? Values. What commitments do we make, and what safe guards do we put in place, to act both legally and ethically as we pursue our vision and mission?

Correct AnswerQuestion