Top-down strategic planning is a top-down approach to the development of strategy that involves asking "what if" questions to anticipate plausible futures. O True O False

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Top-down strategic planning is a top-down approach to the development of strategy that involves asking "what if" questions to
anticipate plausible futures.
O True
O False
Transcribed Image Text:Top-down strategic planning is a top-down approach to the development of strategy that involves asking "what if" questions to anticipate plausible futures. O True O False
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Step 1

One such strategy is the top-down approach to management, in which decisions are made at the highest level and then communicated to the rest of the team. This style can be applied at the level of a project, a team, or even an entire organisation, and can be tailored to meet the needs of any given group.

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