Match each term with the correct statement below.
-the process by which an organization makes decisions and takes actions to enhance its long-run performance

Question

Quizplus · Accepted Answer

Strategic planning is the process through which an organization defines its strategy, direction, and makes decisions on allocating its resources to pursue this strategy, including its capital and people. This process is aimed at enhancing the long-term performance of the organization.

Match Each Term with the Correct Statement Below