Solved

__________ Occurs When Strategic Plans Are Formulated in a Vacuum

Question 5

Multiple Choice

__________ occurs when strategic plans are formulated in a vacuum by top managers who have little understanding or appreciation of current operating realities.


A) Reasoning by analogy
B) Strategic fit
C) Planning under uncertainty
D) Ivory tower planning
E) Cognitive bias

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q1: The comparison of strategy, weaknesses, operations, and

Q2: Successful strategic planning<br>A) encompasses managers at all

Q3: _ is rooted in the tendency to

Q4: The Internet has been around since the

Q6: The second component of the strategic management

Q7: Devil's advocacy<br>A) involves one group member being

Q8: Scenario-based planning is a technique for coping

Q9: The more efficient a company is, the

Q10: _ enables a firm to evaluate the

Q11: A competitive advantage is considered to be