Due to the limitations of the BCG and other formal portfolio planning models, many companies are placing responsibility for strategic planning in the hands of cross-functional teams of divisional managers who are close to their markets. In such organizations, strategic planning is .
A) purposeful
B) centralized
C) informal
D) decentralized
E) limited

Question

Quizplus · Accepted Answer

Strategic planning is decentralized because it involves cross-functional teams of divisional managers who are closer to their markets, allowing for more localized and informed decision-making.

Due to the Limitations of the BCG and Other Formal