Strategic planning can help the firm determine
A) the need for the product.
B) the market the firm wishes to target.
C) if the firm wants to make or buy their product.
D) all of the above

Question

Quizplus · Accepted Answer

Strategic planning involves analyzing the market and identifying opportunities, determining the need for the product or service, deciding on the target market, and making decisions about production or procurement. Therefore, all the options mentioned are addressed in the strategic planning process.

Strategic Planning Can Help the Firm Determine