The second step in the strategic-management process is to look at where the organization stands and see what is working and what could be different to maximize efficiency and effectiveness in achieving the organization's mission. This step is the process of completing a(n) ________.

a. ethical and diversity evaluation
b. current reality assessment
c. grand strategy
d. company synergy assessment
e. organizational vision statement

b. current reality assessment

Business

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A QTIP gives all trust income to a surviving spouse for life, payable at least annually, with the principal passing to someone else upon the spouse's death.

a. true b. false

Business

Selfridge fell victim to various demons and vices and was ousted from the company he had founded

Indicate whether the statement is true or false

Business