Exam Questions on Strategic Planning | Management

Some frequently asked exam questions on strategic planning are as follows: Q.1. Give the meaning and definition of strategic planning. Ans. Strategic Planning is basically a policy-making function. It is concerned with: (i) Defining the corporation's purpose, (ii) Defining the composition of its business mix, and (iii) Defining the qualitative and quantitative projection of its achievement (i.e., short-and long-term corporate [...]