Question

Harry and his team draft a plan for their organization, HD Corp. They primarily establish the overall goals that HD should accomplish in the next 25 years. In this case, Harry and his team are most likely engaged in ________ planning.

Answer 1

Harry and his team are engaged in long-term strategic planning, setting visionary goals for HD Corp to pursue over the next 25 years.

Step-by-step explanation:

Harry and his team are engaged in long-term strategic planning. This type of planning involves setting long-range goals and determining the resources and actions needed to achieve them.

In this case, with a 25-year horizon, they are focusing on the establishment of the organization's direction over an extensive period, which can be considered a visionary exercise aimed at guiding the company's future endeavors and ensuring the organization's progression and success.