Which is more important - the formulation of a strategy or its implementation? A. Strategy formulation is more important because it involves more complex decisions among a much greater variety of possible strategic directions and plans that must take into account a very large mix of internal and external factors. B. Strategy implementation is more important because a well-implemented, poorly-formulated strategy has a better chance of succeeding than a poorly-implemented, well-chosen strategy C. Both are important..
Which is more important - the formulation of a strategy or its implementation? A. Strategy formulation is more important because it involves more complex decisions among a much greater variety of possible strategic directions and plans that must take into account a very large mix of internal and external factors. B. Strategy implementation is more important because a well-implemented, poorly-formulated strategy has a better chance of succeeding than a poorly-implemented, well-chosen strategy C. Both are important..
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Which is more important - the formulation of a strategy or its implementation?
A. Strategy formulation is more important because it involves more complex decisions among a much greater variety of possible strategic directions and plans that must take into account a very large mix of internal and external factors.
B. Strategy implementation is more important because a well-implemented, poorly-formulated strategy has a better chance of succeeding than a poorly-implemented, well-chosen strategy
C. Both are important..
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