Question

In the strategic management process, A-S-P stands for: Select one:

a. analyses, strategies, and performance.
b. analyses, successes, and purposes.
c. ability, strategies, and purposes.
d. ability, successes, and performance.

Answer 1

In the strategic management process, A-S-P stands for analyses, strategies, and performance, which respectively involve evaluating external and internal environments, developing actions to achieve objectives, and measuring progress.

Step-by-step explanation:

In the strategic management process, A-S-P stands for analyses, strategies, and performance. Therefore, the correct answer to the given question is a. analyses, strategies, and performance. The strategic management process involves an ongoing evaluation of the company's external and internal environments (analyses), developing actions to achieve long-term objectives (strategies), and measuring the progress towards the strategic goals (performance).