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Strategic Management
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According to Ringbakk (1971) and Steiner (1972) which of the following should be avoided when creating a formal plan?

Answer & Solution
Correct Answer: Option B
According to Ringbakk (1971) and Steiner (1972) Seeing planning as a once-a-year ritual should be avoided when creating a formal plan. In formal planning, the managers look forward for a change when it is to be made use of.
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