Today's senior executives resist involving lower-level managers in the strategy formation process because of the dramatic increase in time required to make decisions and the loss of productivity.
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Q4: General decision-making stages and specific formal planning
Q5: An effective strategy should answer the question
Q6: The strategic management process begins with resource
Q7: A strategy map illustrates how operational goals
Q8: Situational analysis, as part of the formal
Q10: Goals should be general rather than specific
Q11: The planning model is often hierarchical, with
Q12: There are four key drivers of a
Q13: Operational planning identifies the specific procedures and
Q14: The basic planning process goes in one
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