The type of planning that is usually done by top management and is for a period of five years or more into the future, is known as:
A) Operational planning.
B) Short-term planning.
C) Strategic planning.
D) Intermediate planning.

Question

Quizplus · Accepted Answer

Strategic planning is usually done by top management and is for a longer term, usually five years or more, into the future. Operational planning is for the short-term, usually a year or less. Short-term planning and intermediate planning are not specific types of planning and do not describe the time period or level of management involved.

The Type of Planning That Is Usually Done by Top