Strategic planning is
A) the development of a multi-year operational plan
B) the development of a plan for a new product launch
C) an approach to performance evaluation based on how the strategy was implemented
D) an approach to strategic analysis based on how the strategy is developed

Question

Quizplus · Accepted Answer

Strategic planning involves analyzing and developing strategies to achieve long-term goals and objectives, focusing on how the strategy is developed rather than just its implementation or operational aspects.

Strategic Planning Is