The first step in strategic planning is:
A) analyze the competition.
B) interview potential employees.
C) review failed plans from the past.
D) establish a mission,vision,and values for the organization.

Question

Quizplus · Accepted Answer

Establishing a mission, vision, and values for the organization is the first step in strategic planning. This sets the foundation and direction for the rest of the planning process. Analyzing the competition and reviewing past failures come later in the process once the organization's goals and values have been established. Interviewing potential employees is not directly related to strategic planning.

The First Step in Strategic Planning Is