Strategic planning involves the following process except?

Strategic planning involves the following process except?
A . Generates tactical plans for each company function
B . Ensures organizational agility and readiness for the future
C . Determines how the company’s vision and mission will be achieved in the long-term
D . Sets the direction and establishes priorities for an organization

View Answer

Answer: A

Explanation:

Strategy is important to an organization because it provide an overall long-term direction to the management of the organization that creates, maintains, and fosters its competitive advantage. Note that Option A refers to tactical planning which breaks down a company’s strategic plan and sets forth specific short-term actions and plans, by company department or function. The tactical planning horizon is shorter than the strategic plan horizon.