Final answer:
Military strategy refers to the comprehensive planning that determines the use of military capabilities to achieve desired objectives with an awareness of potential risks and rewards. This strategic thinking underpins grand strategy which employs all national resources to advance interests.
Step-by-step explanation:
The type of planning that is the deliberate process of determining how to use military capabilities in time and space to achieve objectives while considering the associated risks is known as military strategy. This process is essential for developing a coherent plan that takes into account various challenges and sets forth a roadmap for achieving tactical and strategic goals. Military strategy involves measurement, estimation of quantity, calculation, balancing of chances, and ultimately, victory. It weighs the risks and rewards of potential actions and uses intelligence and other resources to craft a response to real or potential threats. Grand strategy is a more comprehensive approach, employing diplomatic, economic, and military resources to advance a nation's interests. This concept has played a critical role in shaping U.S. foreign policy and asserting military power on the global stage, especially during and after major conflicts like World War II.