Strategy formulation answers the question:
A) How do we execute a chosen strategy?
B) What should be our strategy?
C) Where does strategy fit in?
D) How is strategy applied to me?

Question

Quizplus · Accepted Answer

Strategy formulation is the process of deciding on the best approach for achieving a desired goal or objective. It answers the question of "What should be our strategy?" It involves analyzing the environment, setting objectives, and choosing among different options to arrive at the best course of action.

Strategy Formulation Answers the Question