Which of the following is not part of the task of identifying strategic issues and problems that require priority managerial attention? A) Analyzing the company's external environment B) Evaluating the company's resources and competitive position C) Surveying the company's board members, managers, selected employees, and key investors about perceived strategic issues D) Developing a list of concerns including "how to...", "whether to...", and "what to do about..." E) Assessing the challenges the company must overcome to achieve financial and competitive success in the coming years

Business · High School · Thu Feb 04 2021

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Answer: All the options given (A to E) are, in fact, part of the task of identifying strategic issues and problems that require priority managerial attention. Identifying strategic issues typically involves understanding external and internal factors that can affect the organization’s performance. This includes:

A) Analyzing the company's external environment to understand market trends, competitive forces, regulatory changes, and other external factors that can impact the company's strategy.

B) Evaluating the company's resources and competitive position to identify strengths and weaknesses in the company’s capabilities, as well as opportunities and threats in the competitive landscape.

C) Surveying the company's board members, managers, selected employees, and key investors about perceived strategic issues to gain a diverse perspective on the challenges and opportunities the company faces.

D) Developing a list of concerns that are framed as questions (“how to…”, “whether to…”, “what to do about…”) to guide the strategic analysis and discussion of potential solutions.

E) Assessing the challenges the company must overcome to achieve financial and competitive success in the coming years, which is essential for long-term strategic planning.

Since none of the options listed are exceptions, there is no correct answer to the question as it presumes that one of the options is not part of the task, but in actuality, they all are.

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