All of the following about the strategic planning process are 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.

Question

Quizplus · Accepted Answer

The statement "All of the following about the strategic planning process are true except" implies that one statement is false. Therefore, the false statement is D which states that the strategic planning process begins with strategy formulation. In reality, the process begins with conducting a situational analysis to assess the current position of the firm.

All of the Following About the Strategic Planning Process Are