Which of the following statements most accurately depicts the task of identifying the strategic issues and problems that merit front$-$burner managerial attention?

Multiple Choice

Develop a $$to do list$$ that provides quick fixes for managerial strategy making.

Identify the strategic issues and problems that rivals face is the first thing that company managers need to do before starting to analyze the company$$s internal and external environment.

Draw upon the results and conclusions from analyzing the company$$s competitive strength matrix.

Develop a list of what issues and problems that management needs 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.

Draw on the results and conclusions from evaluating the company$$s own resources and competitive position.