Strategic Planning Is the Process of Taking a Long-Term View

question 148

Multiple Choice

Strategic planning is the process of taking a long-term view of the organization, the longer the view, the greater the uncertainty of risks and opportunities. Such reservations can better be handled by:

• A) Timely decisions
• B) Flexible/ Adaptive plans and processes
• C) Periodic risk assessments
• D) Focusing on current period organizational activity

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Definitions:

Winning

The act of achieving victory or success in a competition, conflict, or endeavor.

Athletes

Individuals who are skilled in physical exercise or sports, often participating in competitive events.

Game

A structured form of play, usually undertaken for entertainment or fun, and sometimes used as an educational tool.

TOTE

The self-regulation feedback loop of Test, Operate, Test, Exit.