2.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) Companies can start seeing the impact of formal planning on performance after about a year
of starting the planning process.
(C) Organizations that formally plan invariably outperform those that don't plan.
(D) The amount of planning done is more important to high performance than the quality of
planning and implementation