When a firm develops and maintains a strategic fit between its goals and capabilities,it is performing ________.
A) mission planning
B) values planning
C) strategic planning
D) business-portfolio planning
E) operations planning

Question

Quizplus · Accepted Answer

Strategic planning involves aligning a firm's goals and capabilities to create a strategic fit. This process ensures that a company is able to effectively allocate resources and make decisions that will help them achieve their objectives. Mission planning and values planning focus more on defining a company's purpose and values, while business-portfolio planning and operations planning deal with specific aspects of a company's operations rather than overall strategic alignment.

When a Firm Develops and Maintains a Strategic Fit Between