Question

Analyzing competitive opportunities and threats, strengths and weaknesses for the organization and determining how to position the organization to compete effectively. (long range; 3+ years):

a. Tactical planning
b. Operational planning
c. Strategic planning
d. Contingency planning

Answer 1

Strategic planning involves analyzing opportunities and threats, strengths and weaknesses, and determining how to effectively position the organization to compete in the long term.

Step-by-step explanation:

Strategic planning involves analyzing competitive opportunities and threats, strengths and weaknesses for the organization, and determining how to position the organization to compete effectively in the long term (3+ years). It focuses on setting the overall direction and goals of the organization. Strategic planning is important for organizations to adapt to changes in the external environment and gain a competitive advantage.