______________ is the process in which future courses of action are developed to achieve the firm's short- and long-term goals.

Question

Quizplus · Accepted Answer

Strategic planning is the process in which future courses of action are developed to achieve the firm's short- and long-term goals. Tactical planning involves implementing specific actions to achieve the strategic plan, while operational planning involves developing procedures and guidelines for day-to-day activities. "Virtual planning" is not a recognized term in the field of business planning.

______________ Is the Process in Which Future Courses of Action