The mode of strategy formulation used when top management has a reasonably clear idea of the corporation's mission and objectives, but it chooses to develop a series of tentative or partial strategies instead of developing full-blown strategies is called
A) planning mode.
B) logical incrementalism.
C) entrepreneurial mode.
D) adaptive mode.
E) strategic mode.

Question

Quizplus · Accepted Answer

This mode is known as logical incrementalism, where the corporation develops a series of tentative or partial strategies instead of developing full-blown strategies. This approach is suitable when top management has a reasonably clear idea of the corporation's mission and objectives.

The Mode of Strategy Formulation Used When Top Management Has