Q.

The difference between annual and long-range plans versus a strategic plan is that the annual and long-range plans deal with the company’s current business and how to keep them going, while the strategic plan deals with:

A. Functional activities
B. Global activities
C. Tactical decisions.
D. Adapting the firm to take advantage of opportunities in its constantly changing environment.
Answer» D. Adapting the firm to take advantage of opportunities in its constantly changing environment.
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