While it is unlikely that strategy development will ever become a completely formalized process, in most organizations, there is a clear need to add more:
A) structure.
B) budgeting.
C) prioritization.
D) planning.

Question

Quizplus · Accepted Answer

Adding more structure to strategy development can help in ensuring that it is a more coherent and efficient process. This can involve steps such as defining clear goals, outlining specific action steps, and establishing metrics for measuring progress. By doing so, organizations can increase the likelihood that their strategic initiatives will be successful. While budgeting, prioritization, and planning are also important elements of strategy development, adding more structure is the best choice as it can help to improve all of these areas.

While It Is Unlikely That Strategy Development Will Ever Become