Linking medium-term strategic planning to annual operating plans and an operating budget is undesirable since it encourages short-term thinking.

Question

Quizplus · Accepted Answer

Linking medium-term strategic planning to annual operating plans and an operating budget is desirable as it helps to ensure alignment between the organization's long-term goals and short-term actions. It also allows for regular monitoring and adjustment of strategies to keep up with changing market conditions.

Linking Medium-Term Strategic Planning to Annual Operating Plans and an Operating