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21 December, 15:10

Which of the following refers to a managerial decision process that matches an organization's resources and capabilities to its market opportunities for long-term growth and survival? A. Strategic planning B. Business planning C. Strategic business units (SBUs) D. Functional planning E. Operational planning

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  1. 21 December, 18:21
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    The correct answer to the following question will be Option A (Strategic planning).

    Explanation:

    Strategic planning seems to be the method of tracking your local business and creating a course by determining where you want to go you are going. It gives you a space to archive your purpose, vision, and principles, along with the deep-term goals as well as the action strategies you will be using to accomplish them. This applies to a corporate decision mechanism that balances the abilities and capabilities of a company with its investment opportunities for deep-term growth and sustainability.

    The other options don't apply to the corporate decisions of an organization as the strategic planning do. Therefore, Option A is the right answer.
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