At what point in the relationship between the environment and strategy does managerial experience and personality play a role?
A)Between the objective environment and the perceived environment
B)Between perceived environment and strategy formulation
C)Between strategy formulation and strategy implementation
D)Between strategy implementation and organizational effectiveness
E)Between perceived environment and strategy implementation

Question

Quizplus · Accepted Answer

The objective environment is the actual environment that exists, while the perceived environment is the environment as it is perceived by managers. Managerial experience and personality can influence how managers perceive the environment, which can then affect the strategies they formulate.

At What Point in the Relationship Between the Environment and Strategy