Which process involves creating long-range goals for the organization and determining resources to accomplish them?

• A. Strategic Planning
• B. Tactical Planning
• C. Operational Planning
• D. Contingency Planning

Answer: (A)

The main idea here is distinguishing planning levels within an organization and recognizing which level is responsible for setting long-term goals and deciding the resources needed to achieve them. Strategic planning focuses on where the organization wants to be in the future and what it must commit in terms of budget, people, technology, and other assets to reach those goals. It looks at the big picture, guiding the overall direction, priorities, and resource allocation across the whole organization, often over several years and with an eye to external factors like market trends and competition.

In contrast, tactical planning translates those strategic goals into specific actions for departments or units over a shorter horizon, detailing how to implement the strategy in concrete terms. Operational planning handles day-to-day activities and routines. Contingency planning prepares for potential disruptions by outlining backup plans.

So, creating long-range goals and determining the resources to accomplish them is what strategic planning is all about.