The informal,intuitive and limited approach to strategic management associated with owner-managers of smaller firm refers to the ____ mode of formality,according to Mintzberg.

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Mintzberg identifies five modes of formality in strategic management: entrepreneurial, machine, professional, diversified, and adaptive. The informal, intuitive, and limited approach to strategic management associated with owner-managers of smaller firms is characteristic of the entrepreneurial mode of formality. This mode is characterized by a small, informal organization with a single, powerful leader who exercises a high degree of control over strategy. Strategies are often based on the owner-manager's personal vision and intuition rather than formal analysis or planning.

The Informal,intuitive and Limited Approach to Strategic Management Associated with Owner-Managers