Final answer:
Maurice and Luminary are engaged in strategic planning to discuss the company's budget allocations to departments for next year's projects.
Step-by-step explanation:
The planning that Maurice, CFO, and Luminary, CEO, are engaged in is strategic planning.
Strategic planning is the process of defining an organization's objectives and determining the best course of action to achieve those objectives. It involves analyzing the current state of the company, setting goals, and allocating resources accordingly.
In this case, Maurice and Luminary are specifically discussing the company's budget allocations to departments, which is a key component of strategic planning as it helps determine how financial resources are distributed to support the organization's goals and projects for the upcoming year.