Question

The process by which the key stakeholders of an organization envision its future and develop a mission, objectives, and procedures to achieve that future is called:

A. Goal planning
B. Future planning
C. Succession planning
D. Strategic planning

Answer 1

Strategic planning is the process by which key stakeholders envision an organization's future and develop a mission, objectives, and procedures to achieve that future.

Step-by-step explanation:

Strategic planning is the process by which the key stakeholders of an organization envision its future and develop a mission, objectives, and procedures to achieve that future. It involves setting long-term goals, analyzing the internal and external environment, and formulating strategies to achieve those goals.