
Managers must be very formal in strategic planning because formality fosters flexibility and creativity.
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Q1: The most effective strategic management is ritualistic,
Q43: Firms with planning systems more closely resembling
Q45: For the strategic planning process to be
Q46: The lack of monetary rewards is one
Q47: Low-performing firms typically underestimate their competitor's strengths
Q49: Commitment and understanding are the most important
Q50: Superior strategy formulation is well and good,
Q51: Strategic-management must be a self-reflective learning process
Q53: According to Greenley, strategic management provides increased
Q120: The element of surprise provides great competitive
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