Which of the Following Is True of the Impact of Formal

Multiple Choice

Which of the following is true of the impact of formal planning on organizational performance?

A) Formal planning is associated with positive financial results.
B) Organizations that formally plan invariably outperform those that don't plan.
C) The amount of planning done is more important to high performance than the quality of planning and implementation.
D) Companies can start seeing the impact of formal planning on performance after about a year of starting the planning process.
E) Formal planning establishes goals or standards to replace controls.