Which of the following is true about strategic planning?

Question

Quizplus · Accepted Answer

International corporate planning is essentially long term, incorporating generalized goals for an enterprise as a whole. Strategic planning is conducted at the highest levels of management and deals with products, capital, research, and the long- and short-term goals of a company. Tactical planning, or market planning, pertains to specific actions and to the allocation of resources used to implement strategic planning goals in specific markets. Tactical plans are made at the local level and address marketing and advertising questions.

Which of the Following Is True About Strategic Planning