Reviews of research on strategy formulation and strategic planning by top executives show that it can improve an organization's performance, and that it is more important in an environment that ________.

Question

Quizplus · Accepted Answer

Strategy formulation and strategic planning by top executives are more crucial in dynamic environments where changes are frequent and unpredictable, requiring organizations to adapt quickly to maintain or improve their performance.

Reviews of Research on Strategy Formulation and Strategic Planning by Top