Strategic Planning is the process of determining __________, __________ and __________.
A) market segments, target markets, positioning statements
B) mission statements, objectives, tactics
C) objectives, tactics, segments
D) objectives, positioning, tactics
E) objectives, strategies, tactics

Question

Quizplus · Accepted Answer

Strategic planning involves determining objectives or goals, the strategies or ways to achieve those objectives, and the tactics or specific actions to implement the strategies. Therefore, the best choice is E. Additionally, A only refers to market-related elements, while B and C mention mission statements as a separate element, which is typically included in the overall objective-setting process. D includes positioning but not strategies.

Strategic Planning Is the Process of Determining __________, __________ and __________

Strategic Planning Is the Process of Determining , and __