Conducting research, integrating intuition with analysis, and making decisions are all __________ activities.
A. strategy-formulation
B. strategy-implementation
C. long-range planning
D. short-range planning
Answer: Option A
Solution(By Examveda Team)
Conducting research, integrating intuition with analysis, and making decisions are all strategy-formulation activities. Strategy formulation is the process by which an organization chooses the most. appropriate courses of action to achieve its defined goals. This process is. essential to an organization's success, because it provides a framework for the. actions that will lead to the anticipated results.Related Questions on Strategic Management
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A. corporate level
B. business level
C. functional level
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