In which phase of strategic management are annual objectives especially important?

Question

Quizplus · Accepted Answer

Annual objectives are especially important in the implementation phase of strategic management. During this phase, the organization is putting its plans into action and working towards achieving its overall mission and vision. Annual objectives help to break down these long-term goals into smaller, more specific targets that are achievable in the short-term. This allows the organization to track its progress and make adjustments as needed, to stay on track towards achieving its long-term goals.

In Which Phase of Strategic Management Are Annual Objectives Especially