Which of the following statements is false? Formal strategic planning

A. implies determined actions for achieving objectives

B. is a time consuming process

C. should develop clear and rigid plans for the organization to implement

D. is most applicable in stable environments

Answer: Option C

Solution(By Examveda Team)

Formal strategic planning should develop clear and rigid plans for the organization to implement is a false statement. Formal strategic planning is the most sophisticated form of plan- ning. It implies that a firm's strategic planning process involves explicit systematic. procedures used to gain the involvement and commitment of the stakeholders. most affected by the plan.