What is the process by which an organization decides on its major programs and the approximate resources to devote to them?

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Quizplus · Accepted Answer

The process described is strategic planning, which involves the organization setting its mission, goals, and objectives and determining the major programs and resources needed to achieve them. Capital budgeting is a related process but is focused specifically on the allocation of financial resources to specific investments or projects. Program planning and budgeting is similar but emphasizes the planning and budgeting of individual programs rather than the overall strategic direction of the organization. Zero-based budgeting is a specific budgeting technique that involves starting the budgeting process from zero each year rather than using prior budgets as a baseline.

What Is the Process by Which an Organization Decides on Its