What is the first step in the strategic planning process?
A) setting specific objectives
B) implementing long-term goals
C) assessing the business environment
D) determining the organizational mission
Strategic Planning Process:
The strategic planning process is recognized as a philosophical business approach that is involved in establishing the business strategy that directs the business operations to achieve the goals. It indicates the current position of the business and where the business wants to go.
Answer and Explanation:
The correct option is: D) Determine the organizational mission
The strategic planning process is as follows:
A) Determine the...
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fromChapter 9 / Lesson 17
Learn about the strategic planning process and see how different strategic planning models are used. Study the steps of the strategic planning process with examples.