All of These Are Pitfalls an Organization Should Avoid in Strategic

question 25

Multiple Choice

All of these are pitfalls an organization should avoid in strategic planning EXCEPT

• A) using plans as a standard for measuring performance.
• B) using strategic planning to gain control over decisions and resources.
• C) failing to involve key employees in all phases of planning.
• D) too hastily moving from mission development to strategy formulation.
• E) being so formal in planning that flexibility and creativity are stifled.

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Definitions:

Waiting Time

The period during which one waits for something to happen or arrive.

Hierarchy of Authority

An organizational structure where every entity in the organization, except one, is subordinate to a single other entity.

Efficiently

means accomplishing a task or completing a process in a way that maximizes productivity with the minimum wasted effort or expense.

Contemporary Management

Involves current practices, strategies, and technologies used by managers to achieve organizational goals and address modern challenges.