Which of the following is NOT accurate as concerns the task of identifying the strategic issues and problems that merit front-burner managerial attention?
A. It entails drawing upon the results and conclusions from analyzing the company's external environment.
B. It entails drawing on the results and conclusions from evaluating the company's own resources and competitive position.
C. It entails developing a "worry list" of "how to...," "whether to...," and "what to do about..."
D. Identifying the strategic issues and problems that the company faces is the first thing that company managers need to do before starting to analyze the company's internal and external environment.
E. Developing a list of issues and problems that management need to address (and to resolve) should always precede deciding upon a strategy and what actions to take to improve the company's position and prospects.
Answer: Identifying the strategic issues and problems that the company faces is the first thing that company managers need to do before starting to analyze the company's internal and external environment.