Which method of strategy formulation is the Board using?

X Company’s Board of Directors uses its expertise to develop future strategies. The Board defines objectives that need to be achieved and then, through formal proactive planning and careful analysis, it selects the most appropriate means to achieve them.

Which method of strategy formulation is the Board using?
A . Emergent
B . Rational
C . Opportunism
D . Resource-based

View Answer

Answer: B