Question

The mode of strategy formulation used when top management has a reasonably clear idea of the corporation's mission and objectives, but it chooses to develop a series of tentative or partial strategies instead of developing full-blown strategies is called

A) planning mode.
B) logical incrementalism.
C) entrepreneurial mode.
D) adaptive mode.
E) strategic mode.

Answer 1

The mode of strategy formulation that involves tentative or partial strategies in light of a clear mission and objectives is called logical incrementalism.

Step-by-step explanation:

The mode of strategy formulation where top management has a clear idea of the corporation's mission and objectives but develops a series of tentative or partial strategies is called logical incrementalism. This approach allows for flexibility and adaptation as the organization moves forward, responding to changes in the environment or receiving feedback on the effectiveness of the strategies being implemented. Logical incrementalism can be contrasted with other methods of strategy formulation, such as the entrepreneurial mode, which is typically characterized by a more aggressive and visionary approach driven by a single leader, or the adaptive mode, where strategies emerge in response to immediate challenges without a clear long-term vision.