Asked by Faseeth Farzan on Sep 26, 2024
The process of determining how to pursue the organization's long-term goals with the resources expected to be available refers to
A) strategic planning.
B) synergy.
C) reengineering.
D) strategic management.
E) profiling.
Strategic Planning
The process of defining an organization's strategy, or direction, and making decisions on allocating resources to pursue this strategy.
Long-term Goals
Objectives or targets that an organization or individual aims to achieve over an extended period, usually beyond one year.
- Comprehend the influence of strategic planning on the effectiveness of business operations and recognize the significance of strategic management for every member within an organization.
Learning Objectives
- Comprehend the influence of strategic planning on the effectiveness of business operations and recognize the significance of strategic management for every member within an organization.
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