Companies can make strategic planning more effective by:

Question

Quizplus · Accepted Answer

Ensuring the participation of top management is crucial to making strategic planning effective. Without buy-in and involvement from top leaders, the plan may not be executed properly or fully supported by the organization.

B and D are incorrect because centralized decision-making can limit creativity and innovation, while focusing only on short-run profitability and growth can neglect long-term sustainability and success.

C is also not necessarily the best choice, as strategic planning should be a continuous process that is regularly reviewed and adjusted, rather than just an annual exercise.

Companies Can Make Strategic Planning More Effective By