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NEW QUESTION: 1
All of the following are characteristics of the strategic planning process, except the:
A. Review of the attributes and behavior of the organization's competition.
B. Analysis and review of departmental budgets.
C. Emphasis on both the short and long run.
D. Analysis of consumer demand.
Answer: B
Explanation:
Choice "c" is correct. Analysis and review of departmental budgets is not a part of the strategic planning
process. Budgets are operational and much more specific than the things that are part of strategic
planning.
Choices "a", "b", and "d" are incorrect. All of these are part of the strategic planning process:
A. Emphasis on both the short and long run.
B. A review of competition.
D. Analysis of consumer demand.

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