What Is the Most Critical Element in Effective Strategic Planning

question 23

Multiple Choice

What is the most critical element in effective strategic planning?

• A) creativity
• B) top management support and participation
• C) continual attention
• D) the use of a BCG portfolio matrix
• E) a stringent and narrow mission statement

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Definitions:

Behavioral Organism

Refers to an entity or being, typically in a psychological context, considered in terms of its behavioral responses and interactions with its environment.

Action System

A conceptual framework in sociology that views social systems as composed of interrelated actions of individuals and groups.

Systemic Evolution

Describes the process of change and development within a system, particularly in the context of complex systems and societies.

Differentiation

In sociology, differentiation refers to the process by which institutions and social processes become increasingly specialized and distinct from one another in modern societies.