Because of frequently changing competition and technology,a company's strategic planning may have to be done _____.
A)every 5 years rather than every 2 years
B)every 5 years rather than every 10 years
C)every 10 years
D)continuously
E)closer to every 1 or 2 years than every 5 years

Question

Quizplus · Accepted Answer

Strategic planning determines what the organization's long-term goals should be for the next 1 to 5 years with the resources it expects to have available.Today,because of the frequency with which world competition and information technology alter marketplace conditions,a company's strategic planning may have to be done closer to every 1 or 2 years than every 5.

Because of Frequently Changing Competition and Technology,a Company's Strategic Planning