One criticism of formal planning is that it focuses on how to beat the competition rather than how to ________.
A)have cordial relationships with the competition
B)focus on new opportunities
C)balance the organization's budget
D)cooperate with the competition

Question

Quizplus · Accepted Answer

Formal planning often focuses on analyzing the market and competition to develop strategies to beat them. However, this approach may fail to identify new opportunities outside of the current competitive landscape. Therefore, the focus should be on exploring new markets and opportunities instead of solely on beating the competition.

One Criticism of Formal Planning Is That It Focuses on How