The Value of Formal Planning for Strategic Decisions: A Reply

J. Scott Armstrong ()

General Economics and Teaching from EconWPA

Abstract: In Armstrong (1982a), I examined alternative explanations to the empirical findings that supported the use of formal planning. In considering the possibility that researcher bias might lead to such results, I used Terpstra’s (1981) evaluation scheme. Based on this test, poor methodology did not seem responsible for the conclusions on the value of formal planning.

Keywords: formal planning; strategic decisions (search for similar items in EconPapers)
JEL-codes: A (search for similar items in EconPapers)
Date: 2005-02-11
Note: Type of Document - pdf; pages: 2
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpgt:0502065

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