Planning and decision making are the heart of strategy formulation.

Name: Planning and decision making are the heart of strategy formulation.
Brand: Quizplus
Rating: 4.8 (37 reviews)

Question

Quizplus · Accepted Answer

Planning and decision making are essential components of strategy formulation. Without them, organizations cannot set goals, identify resources, or allocate resources effectively, which are all necessary parts of strategy development. Therefore, it is accurate to say that planning and decision making are the heart of strategy formulation.

Planning and Decision Making Are the Heart of Strategy Formulation