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disa [49]
3 years ago
5

In order, the steps of the strategic-management process are.

Business
1 answer:
Gennadij [26K]3 years ago
3 0

The steps of the strategic-management process are.

  • Strategic Analysis and Inputs
  • Strategy Formulation
  • Strategy Implementation
<h3 /><h3>What is Strategic management process?</h3>

Strategic management process is a process that a business can use to outdo the competitors.

Starting from the Strategic Analysis and Inputs which is the first step where data about competitors are been gathered, to the last steps are necessary to outdo the competitors.

Learn more about Strategic management process at; brainly.com/question/25885810

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Answer:

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Explanation:

Option A,autocratic is not correct since the scenario painted an opposite scenario and autocratic approach to management means the manager tells the subordinates what to do.

Bureaucratic is when decision making is slow because many stakeholders are expected to jointly decide.

However,laissez-faire is an approach where subordinates are allowed to think out of the box and get tasks accomplished without manager's interference.

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If a family spends its entire budget in a given time frame, the family can afford either 15 movie nights or 8 restaurant meals.
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Answer:

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The opportunity cost of 1 movie night

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