Due to the limitations of the BCG and other formal portfolio planning models, many companies are placing responsibility for strategic planning in the hands of cross-functional teams of divisional managers who are close to their markets. In such organizations, strategic planning is ________.
A) centralized
B) decentralized
C) purposeful
D) limited
E) informal

Question

Quizplus · Accepted Answer

In such organizations, strategic planning is decentralized, meaning the responsibility for it is distributed among cross-functional teams of divisional managers.

Due to the Limitations of the BCG and Other Formal