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Asked by Sarthak on :Feb. 28, 2018

Is the following statements correct / incorrect:S…

Is the following statements correct / incorrect:Strategic planning is an attempt to improve operati…

Is the following statements correct / incorrect:Strategic planning is an attempt to improve operational efficiency

0

Chiranjibi Mar. 08, 2018

Your statement is Incorrect.

You see strategic planning, being an important component of strategic management, involves developing a strategy to meet competition and ensure long-term survival and growth.

Strategic Planning is a function of top management level in the organisation which relates the organisation with its environment.

However, operational efficiency is not a direct outcome of strategic planning.

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