Which of the following statements regarding strategy formulation and strategy implementation is the MOST accurate? Question 24Answer a. Neither strategy formulation nor strategy implementation can succeed without the other. b. Strategy implementation is more important than strategy formulation. c. Neither strategy formulation nor strategy implantation can have a significant impact on firm performance. d. Strategy formulation is more important than strategy implementation.

Management, Loose-Leaf Version
13th Edition
ISBN:9781305969308
Author:Richard L. Daft
Publisher:Richard L. Daft
Chapter7: Planning And Goal Setting
Section: Chapter Questions
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Which of the following statements regarding strategy formulation and strategy implementation is the MOST accurate?

Question 24Answer

a.

Neither strategy formulation nor strategy implementation can succeed without the other.

b.

Strategy implementation is more important than strategy formulation.

c.

Neither strategy formulation nor strategy implantation can have a significant impact on firm performance.

d.

Strategy formulation is more important than strategy implementation.

 

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