If Stanley Jones,VP Finance,meets with Linda Sheridan,CEO,to discuss how much of the budget can be allotted to certain departments for next year's project plans,the two are engaging in
A) stating objectives.
B) contingency planning.
C) strategic planning.
D) tactical planning.
E) financial planning.

Question

Quizplus · Accepted Answer

Strategic planning involves setting long-term goals and objectives for an organization and determining how to achieve them. In this case, Stanley Jones and Linda Sheridan are discussing how to allocate the budget for next year's project plans, which is a strategic planning activity.

If Stanley Jones,VP Finance,meets with Linda Sheridan,CEO,to Discuss How Much