Which of the Following Statements Is True of Strategic Planning

question 36

Multiple Choice

Which of the following statements is true of strategic planning in well-managed institutions?

• A) Strategic planning is clearly a top management responsibility and does not require the active participation of marketing managers.
• B) Planning done in the functional areas of the organization should be independent of the strategic plan.
• C) There is no direct relationship between strategic planning and the planning done by marketing team.
• D) Marketing executives are involved in the strategic planning process as they influence the process by providing important inputs.

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Definitions:

"Down Regulate"

This term refers to the process of reducing or suppressing the activity of a biological function or response at the cellular or molecular level.

Retreat

An act of moving back or withdrawing, often used figuratively to describe a withdrawal from challenging situations or commitments for reflection or recovery.

Dyadic Friendship

A close emotional bond between two individuals, characterized by mutual affection and a sense of alliance or partnership.

Developmental Functions

Various physiological and psychological tasks and processes that contribute to the growth or progress of an organism, particularly across different stages of life.