Question: What does it mean to suggest that strategy formulation is a dynamic process? Answers The strategy is evolutionary and flexible enough to adapt in response

What does it mean to suggest that strategy formulation is a dynamic process? Answers The strategy is evolutionary and flexible enough to adapt in response to changes in the external environment. The strategy is linear, paced, and sequential in its approach. The strategy is implemented and realized by the organization. The strategy is implemented incrementally over time

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