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Which of the Following Is Not a Part of Strategic Planning? Identifying Strengths and Weaknesses Implementing a Marketing Strategy

Question

Which of the following is not a part of strategic planning? Identifying strengths and weaknesses Implementing a marketing strategy Developing a mission statement Developing a business strategy

Solution

Verificación de expertos
4 (278 Votos)
Denise Avançado · Tutor por 1 anos

Resposta

The correct answer is: Implementing a marketing strategy.Strategic planning involves the process of defining an organization's direction and making decisions on allocating its resources to pursue this direction. It includes identifying strengths and weaknesses, developing a mission statement, and developing a business strategy. Implementing a marketing strategy is a part of executing the business strategy, not a part of the strategic planning process itself.