Which of the following is a defining characteristic of strategic planning?
A) It is typically performed by middle managers and supervisors.
B) It lays down objectives for specific departments and not for the entire firm.
C) It covers a large time span, which is usually over a year.
D) It is primarily aimed at making employees focus on their role in supporting the company's goals.

Question

Quizplus · Accepted Answer

Strategic planning is a process that involves defining an organization's direction and making decisions on how to allocate its resources to pursue this direction over the long-term. A defining characteristic of strategic planning is that it covers a large time span, usually over a year, and involves setting goals and objectives for the entire organization, rather than just specific departments or individuals. It is typically carried out by senior executives and is aimed at aligning the organization's resources with its long-term goals and vision.

Which of the Following Is a Defining Characteristic of Strategic