After reading about the Strategic Decision-Making Process in the chapter discuss which of the eight steps you feel is the most important of the process to achieve competitive success for a firm. Please provide at least 200 words in your written discussion work. APA style, references, about a page.
Steps:
1.Evaluate current performance results
2.Review corporate governance
3.Scan and assess the external environment
4.Scan and assess the internal corporate environment
5.Analyze strategic (SWOT) factors
6.Generate, evaluate and select the best alternative strategy
7.Implement selected strategies
8.Evaluate implemented strategies