Select the correct sequence of the four phases of strategic management process:

CS Executive · Financial and Strategic Management · PYQS · December 2021
Select the correct sequence of the four phases of strategic management process:
(A) Strategy Formulation → Strategy Implementation → Environmental scanning → Strategy evaluation
(B) Environmental scanning → Strategy evaluation → Strategy formulation → Strategy implementation
(C) Environmental scanning → Strategy formulation → Strategy Implementation → Strategy evaluation
(D) Strategy evaluation → Environmental scanning → Strategy formulation → Strategy implementation

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Strategic Management

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