______ is a long-range management tool that helps small businesses be proactive in the way they respond to environmental change.

Question

Quizplus · Accepted Answer

Strategic planning is a process used by organizations to define their strategy or direction and make decisions on allocating their resources to pursue this strategy, including their capital and people. It is designed to help organizations be proactive rather than reactive in the face of environmental changes, making it a long-range management tool.

______ Is a Long-Range Management Tool That Helps Small Businesses