Which of the following accurately reflects a problem with a matrix approach to strategic planning?
A)It focuses on future planning.
B)It can be costly to conduct.
C)It detracts from the focus on profit maximization.
D)It can lead to over estimation of profits.
E)It focuses on classifying future businesses.

Question

Quizplus · Accepted Answer

A matrix approach to strategic planning can be costly to conduct due to the resources and time required to gather and analyze data, build the matrix, and develop strategies based on the results.

Which of the Following Accurately Reflects a Problem with a Matrix