Which planning requires a careful study of the external environment surrounding the organization and assessing where the organization fits within it?

Question

Quizplus · Accepted Answer

Strategic planning requires a careful study of the external environment surrounding the organization and assessing where the organization fits within it. It involves setting long-term goals and objectives and developing a plan of action to achieve them. Operational planning focuses on day-to-day activities, contingency planning is a form of emergency planning for unexpected events, and functional planning focuses on specific departments or functions within an organization.

Which Planning Requires a Careful Study of the External Environment