Which of the following actions helps a company find the game plan for long-run survival and growth that makes the most sense given its specific situation, opportunities, objectives, andresources?
A. Research and development planning
B. Financial and revenue planning
C. Marketing planning
D. Strategic planning
E. Individual departmental planning

Strategic planning actions helps a company find the game plan for long-run survival and growth that makes the most sense given its specific situation, opportunities, objectives and resources.

Option: D

Explanation:

The method of recording your small company and creating a course by determining where you are and where you are heading is understood as strategic planning. The strategic plan gives you the opportunity to document your objective, vision and principles, and also your lengthy-term missions and the action steps you will use to achieve them.

Strategy involves the design and execution processes; strategic thinking aims to organize both, it is however, is empirical in essence, i.e. it implies locating the dots; the derivation of strategy itself requires synthesis, i.e. linking the dots through strategic thought. As such it takes place around the task of the development of strategies.

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