The Strategic Management Model presents the following process for strategy formulation:

Question

BlackTom AI · Accepted Answer

To evaluate the question, I’ll go through each option and justify why the sequence aligns with the typical strategic management formulation flow.
Option a: Policies – Mission – Strategies – Objectives. This ordering places Policies at the front, which is inconsistent because policies are usually derived from mission, objectives, and strategies rather than guiding them. It suggests a top-down policy creation before clarifying mission and objectives, which is illogical in standard strategic formulation.
Option b: Mission – Objectives – Strategies – Policies. This sequence starts with the organization’s mission (the overarching purpose), followed by objectives (specific targets), then strategies (approaches to achieve those objectives), and finally policies (governing rules and guidelines to implement the chosen strategies). This progression matches the logical build-from-purpose to concrete actions and governance, making it the coherent and commonly taught order.
Option c: Mission – Policies – Strategies – Objectives. Here, policies precede objectives and strategies, which is problematic because policies are typically derived from objectives and the chosen strategies, not established before stating what the organization aims to achieve.
Option d: Objectives – Policies – Strategies – Mission. Beginning with objectives and ending with the mission misplaces the root purpose and would propagate a local, short-term focus without anchoring to the organization’s core mission.
Option e: Policies – Strategies – Objectives – Mission. This reverses the intended direction by starting with policies and then strategies and objectives, finally aligning to the mission, which disrupts the standard hierarchical planning flow and weakens coherence.
In summary, the only sequence that preserves a logical progression from core purpose to concrete governance is Mission → Objectives → Strategies → Policies, since each step builds on the previous one to guide decision-making and implementation.

The Strategic Management Model presents the following process for strategy formulation:

View Explanation

Log in for full answers

Similar Questions

When developing alternatives based on the Diamond-E drill, this element often provides the most strain on action plans:

As a part of the strategic management process, evaluation and control is concerned with all of the following, EXCEPT

The focus of functional strategy is:

The type of strategy, which achieves corporate and business unit objectives and strategies by maximizing resource productivity is

As a part of the strategic management process, evaluation and control is concerned with all of the following, EXCEPT

As a part of the strategic management process, evaluation and control is concerned with all of the following, EXCEPT

The focus of functional strategy is:

The type of strategy, which achieves corporate and business unit objectives and strategies by maximizing resource productivity is

More Practical Tools for Students Powered by AI Study Helper

Homework AI Solver

Stylized AI Paper Writer

Plagiarism Checker Assistant

Citation AI Academic Writing Tool

In-Class Translation Assistant

AI Note Generator

AI Quiz Answers

Past Exam Questions from University Test Bank

Smart Practice Assistant

Adaptive Practice

Making Your Study Simpler