A company's strategic planning may have to be done _____ due to frequently changing competition and technology.

Question

Quizplus · Accepted Answer

The question implies that because of frequent changes in competition and technology, a company's strategic planning may have to be done more often than every five years. Option E is the closest to this, stating that planning should be done closer to every one or two years. Continuous planning (option D) could also be a valid choice, as it reflects the need for ongoing adjustments to the company's strategy, but it is not as specific as option E in terms of timing. Options A, B, and C are less appropriate because they suggest longer intervals between strategic planning, which may not be practical in a fast-changing business environment.

A Company's Strategic Planning May Have to Be Done _____