According to hill and schilling, which of these would be considered an important step in a formal strategic management process?

The correct answer is DEFINE THE COMPANY' CORPORATE MISSION AND MAJOR CORPORATE GOALS.
According to Hill and Schilling, there are five important steps in a formal strategic management process,these are:
1. Select the corporate mission and major corporate goals.
2. Analyse the company's external competitive environment to identify opportunities and threats.
3. Analyse the company's internal environment to analyse its strengths and weaknesses.
4. Select strategies that build on the organisation's strengths and reduce its weaknesses.
5. Implement the strategies.

Asolar eclipse occurs when the moon gets between earth and the sun, and the moon casts a shadow over earth. a solar eclipse can only take place at the phase of new moon, when the moon passes directly between the sun and earth and its shadows fall upon earth's surface.