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Week 4 Assignment Strategic Management Process
Q 1. Describe the six steps in the strategic management process.2. Should ethical considerations be included in analyses of an organization’s internal and external environments? Why or why not?
The strategic management process helps an organization to develop competitive strategies to overpower the existing competition. It is a very complicated yet imperative process which must be conducted by all organizations to stay in the market. Strategic managers formulate the processes to ensure that the organization’s goals and objectives are being met. (Robbins, 2003)
