Strategy formulation
A) is managing forces during the action.
B) focuses on effectiveness.
C) is primarily an operational process.
D) requires coordination among many people.
E) all of the above

Question

Quizplus · Accepted Answer

Strategy formulation is the process of developing a strategic plan to achieve organizational goals and objectives. Its main focus is on ensuring effectiveness in achieving these goals, rather than managing forces during action, which is more associated with strategy implementation. Strategy formulation also involves many people and requires coordination, but these are not its primary characteristics. So, option (B) is the best choice.

Strategy Formulation