Which of the following characterizes the formalization stage of the life cycle?
A) More formal and less frequent communication
B) Top management concern with planning and strategy
C) Incentive system based on profits is implemented for managers
D) All of these

Question

Quizplus · Accepted Answer

The formalization stage is characterized by all of these factors - more formal and less frequent communication, top management concern with planning and strategy, and implementation of an incentive system based on profits for managers. This stage is focused on creating and implementing standardized procedures and policies to improve efficiency and effectiveness.

Which of the Following Characterizes the Formalization Stage of the Life