Question

The second step in the strategic-management process is a(n) ________, where managers look at where the organization stands, and then determine what is working and what could be different to maximize efficiency and effectiveness in achieving the organization's mission.

Answer 1

Answer:  The correct answer is :  current reality assessment

Explanation:  It is an evaluation that the organization does to know exactly the state in which it is, because it is always part of the current, of the now, this evaluation includes the performance, resources and capabilities present. All this is done in order to focus the starting point for a process aimed at continuous improvement.

Answer 2

Answer:

The second step in the strategic-management process is an assessment of the current reality.

Explanation:

In order for management to carry out an assessment, they must have an objective view of what the organization is really doing.

Management can use the following tools to perform a correct assessment:

• SWOT analysis
• forecasting
• benchmarking
• Porter's industry analysis model