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Business Studies

Relationship between Planning and Controlling

Corporate pla...

Question

Corporate planning is also known as _________.

A

centralised planning

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B

decentralised planning

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C

strategic planning

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D

operational planning

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Solution

The correct option is C strategic planning
Planning for the company as a whole is known as corporate planning. It lays down objectives, strategies and policies for the entire organisation. It is also known as strategic planning. It is done at the top level of management.

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