General Studies · Strategic Management
Which of the following best distinguishes strategic analysis from strategic formulation?
- 1Strategic analysis deals with control systems, whereas formulation deals with budgeting.
- 2Strategic analysis evaluates internal and external environments, whereas formulation designs alternative strategies.✓
- 3Strategic analysis is concerned with marketing mix decisions, whereas formulation focuses on implementation.
- 4Strategic analysis focuses on resource allocation, whereas formulation focuses on industry analysis.
Correct answer
Strategic analysis evaluates internal and external environments, whereas formulation designs alternative strategies.
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