[Solved] Strategic planning:

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Q.	Strategic planning:
A.	Addresses the organization's basic mission or business, issuing broad statements of purpose or direction that have a long lead time.
B.	Involves managers in each unit of an organization who are responsible for achieving the unit's objectives within a specified period of time.
C.	Looks specifically at resources, finances, and market conditions to determine ways to accomplish the overall plans of the organization.
D.	Determines the day-to-day operations within an organization.
Answer» A. Addresses the organization's basic mission or business, issuing broad statements of purpose or direction that have a long lead time.

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Fundamentals of Economics and Management

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