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Strategic Decision-Making Process

169

After reading about the Strategic Decision-Making Process in the chapter discuss which of the eight steps you feel is the most important of the process to achieve competitive success for a firm. Please provide at least 200 words in your written discussion work. The strategic decision-making process to improve the making of strategic decisions

-Evaluate current performance results
-Review corporate governance
-Scan and assess the external environment
-Scan and assess the internal corporate environment
-Analyze strategic (SWOT) factors
-Generate, evaluate and select the best alternative strategy
-Implement selected strategies
-Evaluate implemented strategies

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