Question

What are long-term decisions that set the direction for the entire organization called? A. operational B. distant C. strategic D. tactical E. directional

Answer 1

Answer:

C- Strategic

Explanation:

Strategic planning serves as a guide towards the path of a company's goals. Strategic planning deals with a company's mission and looks further ahead into the company's plans by 2 or more years.

These plans are developed by top officials of the company comprising board members and management staff.

Strategic planning involves a number of steps including:

1. Determining long term objectives
2. Adopting a course of action
3. Resource allocation