Strategic planning is _________.

short term in nature

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medium term in nature

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long term in nature

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none of the above

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Solution

The correct option is D long term in nature
Strategic planning is long term planning that involves all the organisation's management areas and its content is relatively general. It focuses on broad and long lasting issues that ensure the organisation's long term effectiveness and survival. Strategic planning is the responsibility of the organisation's director and executive levels.

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