BPL 5100 Test Bank / BPL5100 Test Bank (TRUE/FALSE)(Latest 2020): Baruch College Chapter 1 1. The three interrelated and principal activities of strategic management are: strategy analysis, strategy formulation, and strategy implementation.
 
 2. Strategic management is not concerned with how to create competitive advantage in the marketplace 3. Management innovations such as total quality, just-in-time, benchmarking, business process reengineering, and outsourcing are important, but not e...