Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
B → A → C → D
B
A → B → D → C
C
B → C → A → D
D
A → C → B → D
Understanding the Answer
Let's break down why this is correct
Answer
First, the organization must define its vision and mission so everyone knows the ultimate purpose and direction. Next, a SWOT analysis is carried out to understand internal strengths and weaknesses and external opportunities and threats. With that insight, the strategy is implemented, putting plans into action. Finally, the results are evaluated and adjustments are made to keep the strategy on track. For example, a bakery could set a mission to provide fresh bread, analyze its strengths and market gaps, launch a new sourdough line, and then tweak pricing based on sales data.
Detailed Explanation
You first set a clear vision and mission; that tells the whole company what it wants to achieve. Other options are incorrect because This order starts with a SWOT analysis before explaining the company's purpose, which leaves the analysis aimless; It jumps straight from vision to implementation, skipping the SWOT review that tells you what to focus on.
Key Concepts
Business Strategy Development
SWOT Analysis
Strategic Implementation
Topic
Business Strategy
Difficulty
medium level question
Cognitive Level
understand
Practice Similar Questions
Test your understanding with related questions
1
Question 1Arrange the steps of conducting a SWOT analysis in the correct order.
mediumBusiness
Practice
2
Question 2Arrange the following steps in the correct order for developing a successful business strategy: A) Conduct a SWOT analysis B) Define the organization's vision and mission C) Implement the strategy D) Evaluate and adjust the strategy as necessary
mediumBusiness
Practice
3
Question 3How can a company effectively use its SWOT analysis to formulate a competitive business strategy?
hardBusiness
Practice
4
Question 4Order the steps in conducting a SWOT analysis effectively.
hardBusiness
Practice
5
Question 5Arrange the steps of conducting a SWOT analysis in the correct order.
mediumBusiness
Practice
6
Question 6How can a company effectively use its SWOT analysis to formulate a competitive business strategy?
hardBusiness
Practice
7
Question 7Order the steps in conducting a SWOT analysis effectively.
hardBusiness
Practice
8
Question 8Arrange the steps of conducting a SWOT analysis in the correct order.
mediumBusiness
Practice
9
Question 9Arrange the following steps in the correct order for developing a successful business strategy: A) Conduct a SWOT analysis B) Define the organization's vision and mission C) Implement the strategy D) Evaluate and adjust the strategy as necessary
mediumBusiness
Practice
10
Question 10Order the steps in conducting a SWOT analysis effectively.
hardBusiness
Practice
Ready to Master More Topics?
Join thousands of students using Seekh's interactive learning platform to excel in their studies with personalized practice and detailed explanations.