The process of determining how to pursue the organization's long-term goals with the resources expected to be available refers to ____ planning.
A) intermediate
B) operational
C) strategic
D) budgetary
E) contingency

Question

Quizplus · Accepted Answer

Strategic planning involves setting long-term goals and determining the resources necessary to achieve those goals. It is a process of analyzing the organization's strengths, weaknesses, opportunities, and threats in order to develop strategies for success. Intermediate planning focuses on medium-term goals, operational planning focuses on day-to-day activities, budgetary planning focuses on financial goals and constraints, and contingency planning involves preparing for unexpected events or crises.

The Process of Determining How to Pursue the Organization's Long-Term