Your quarterly strategic planning meeting will be held next month. You will schedule all the brainstorming and discussion activities for the meeting in a sequence and structure consistent with the hierarchy of the traditional strategic planning process.Which of the following sequence of activities should you schedule in order to be most consistent with the hierarchy of the traditional strategic planning process?
A)1: Develop functional area goals and objectives; 2: Complete a SWOT analysis for the company; 3: Develop business unit strategies; 4: Develop the company's mission and goals.
B)1: Develop the company's mission and goals; 2: Develop business unit strategies; 3: Complete a SWOT analysis for the company; 4: Develop functional area goals and objectives.
C)1: Complete an economic environment analysis; 2: Develop the company's mission and goals; 3: Develop business unit strategies; 4: Complete a SWOT analysis for each business unit; 5: Develop functional area goals and objectives.
D)1: Complete a SWOT analysis for the company; 2: develop the company's mission and goals; 3: Develop business unit strategies; 4: Develop functional area goals and objectives.
E)1: Develop the company's mission and goals; 2: Develop business unit strategies; 3: Complete an economic environment analysis; 4: Develop functional area goals and objectives.

Question

​Your quarterly strategic planning meeting will be held next month. You will schedule all the brainstorming and discussion activities for the meeting in a sequence and structure consistent with the hierarchy of the traditional strategic planning process.Which of the following sequence of activities should you schedule in order to be most consistent with the hierarchy of the traditional strategic planning process?
A)1: Develop functional area goals and objectives; 2: Complete a SWOT analysis for the company; 3: Develop business unit strategies; 4: Develop the company's mission and goals.
B)1: Develop the company's mission and goals; 2: Develop business unit strategies; 3: Complete a SWOT analysis for the company; 4: Develop functional area goals and objectives.
C)1: Complete an economic environment analysis; 2: Develop the company's mission and goals; 3: Develop business unit strategies; 4: Complete a SWOT analysis for each business unit; 5: Develop functional area goals and objectives.
D)1: Complete a SWOT analysis for the company; 2: develop the company's mission and goals; 3: Develop business unit strategies; 4: Develop functional area goals and objectives.
E)1: Develop the company's mission and goals; 2: Develop business unit strategies; 3: Complete an economic environment analysis; 4: Develop functional area goals and objectives.

Quizplus · Accepted Answer

The traditional strategic planning process starts with developing the company's mission and goals, followed by developing business unit strategies, completing a SWOT analysis for the company, and then developing functional area goals and objectives. Option B follows this structure and sequence. Option A starts with developing functional area goals and objectives, which does not align with the traditional hierarchy. Option C adds an economic environment analysis and requires completing a SWOT analysis for each business unit before developing functional area goals, which further complicates the process. Option D starts with completing a SWOT analysis before developing the mission and goals, which is not traditional. Option E includes an economic environment analysis before developing business unit strategies, which is not part of the traditional hierarchy.

​Your Quarterly Strategic Planning Meeting Will Be Held Next Month

Your Quarterly Strategic Planning Meeting Will Be Held Next Month