Which of the following is NOT part of the strategic planning process?
A)Who are our customers?
B)What business are we in?
C)Which machinery should we purchase?
D)What is our competitive advantage?

Question

Quizplus · Accepted Answer

Identifying which machinery to purchase is not a part of the strategic planning process. Strategic planning involves developing a long-term plan for the organization, including defining the business and its competitive advantage, determining the target market and customers, and outlining how to reach business objectives. Purchasing machinery is typically a tactical decision made within an operational plan to support the strategic plan.

Which of the Following Is NOT Part of the Strategic