Each of the following about the strategic planning process is true except A) the strategic planning process is cyclical and continuous. B) the process of developing a strategy may be even more important than the strategy. C) the strategic planning process forces corporate executives, a company's general manager, or a small business owner to assess the current position of the firm, where it should be, and how to achieve objectives. D) the strategic planning process begins with strategy formulation.

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Quizplus · Accepted Answer

The statement "the strategic planning process begins with strategy formulation" is not entirely true. The strategic planning process can also begin with assessing the current position of the firm or conducting a SWOT analysis.

Each of the Following About the Strategic Planning Process Is