Which of the following statements is true of top-down strategic planning?
A) Information flows both ways in the process, from the upper management to the lower management and also the other way around.
B) In this process, the formulation of strategy is separate from implementation.
C) Employees at the operation level have major responsibility in strategizing for competitive advantage.
D) The process is based on the assumption that the past cannot be used to predict the future.
Correct Answer:
Verified
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