Strategic planning is long range,formulated by top management,and performed as if the company operated in a vacuum.

Name: Strategic planning is long range,formulated by top management,and performed as if the company operated in a vacuum.
Brand: Quizplus
Rating: 4.9 (46 reviews)

Question

Quizplus · Accepted Answer

Strategic planning is long range and formulated by top management, but it should take into consideration the company's external environment, competition, and market trends. It should also involve input from various levels of the organization and stakeholders.

Strategic Planning Is Long Range,formulated by Top Management,and Performed as If