Your Quarterly Strategic Planning Meeting Will Be Held Next Month

question 110

Multiple Choice

Your quarterly strategic planning meeting will be held next month. You will schedule all the brainstorming and discussion activities for the meeting in a sequence and structure consistent with the hierarchy of the traditional strategic planning process.
Which of the following sequence of activities should you schedule in order to be most consistent with the hierarchy of the traditional strategic planning process?

• A) 1: Develop functional area goals and objectives; 2: Complete a SWOT analysis for the company; 3: Develop business-unit strategies; 4: Develop the company's mission and goals.
• B) 1: Develop the company's mission and goals; 2: Develop business-unit strategies; 3: Complete a SWOT analysis for the company; 4: Develop functional area goals and objectives.
• C) 1: Complete an economic environment analysis; 2: Develop the company's mission and goals; 3: Develop business-unit strategies; 4: Complete a SWOT analysis for each business unit; 5: Develop functional area goals and objectives.
• D) 1: Complete a SWOT analysis for the company; 2: Develop the company's mission and goals; 3: Develop business-unit strategies; 4: Develop functional area goals and objectives.
• E) 1: Develop the company's mission and goals; 2: Develop business-unit strategies; 3: Complete an economic environment analysis; 4: Develop functional area goals and objectives.

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Definitions:

Environmental Psychologists

Professionals who study the interactions between humans and their physical surroundings, aiming to improve environments and behaviors.

Physical Environment

The external surroundings and conditions in which an organism or community lives, including natural and built environments.

Improvements

Enhancements or upgrades made to a process, product, or system that result in better performance, quality, or efficiency.

Enhancing Control

Strategies or practices aimed at increasing an individual's authority or influence over their own actions or environment.