In which phase of strategic management are annual objectives especially important?

Question

Quizplus · Accepted Answer

Annual objectives are especially important in the implementation phase of strategic management. This is because annual objectives specify the goals and targets that need to be achieved within the year and help in monitoring the progress of implementation. They provide a measure of control over the progress of implementation and enable corrective action to be taken if necessary.

In Which Phase of Strategic Management Are Annual Objectives Especially