The first 3 tasks of the SMP make up the:strategic plan.”Doing” phase of the SMP.most time…

➤ Why are the initial tasks called strategy formulation or strategic planning?
They establish purpose and choices before action. Managers set mission and vision, analyze external opportunities and threats, and evaluate internal strengths and weaknesses. This work produces goals and strategic options. The resulting plan clarifies direction, priorities, and competitive positioning for managers to implement.