________ is the managerial decision process that matches the organisation's resources and capabilities to its market opportunities for long-term growth.

Question

Quizplus · Accepted Answer

Strategic planning is the process of making decisions related to the allocation of resources and capabilities of an organization in order to achieve long-term growth by identifying and exploiting market opportunities. Functional planning and operational planning are more short-term and focus on specific functions or departments within an organization. Portfolio analysis and SWOT analysis are tools used within the strategic planning process, but are not the process itself.

________ Is the Managerial Decision Process That Matches the Organisation's