Strategic planning is the process _____. the process of creating a marketing strategy for the company’s product line the process of defining the direction and overall purpose of an organization the process by which a company defines its core customers and stakeholders the process by which a company strategically plans to undercut competition

Respuesta :

Strategic planning is the process of defining the company's strategy and making decisions about how to use resources to accomplish that strategy.

Strategic planning is the process of defining the direction and overall purpose of an organization.

Strategic planning is referred to as the planning and the paving the path of the development of the goals and the objectives of the firm.  

This is basically the process to set the goals of the firm and then develop the plans and the strategies to attain or achieve the objective of the firm.  

The process of strategic planning includes the first step to set the objectives or the goals and the second step is to work for the plan in the strategies to achieve it.

Therefore the correct option is the second sentence.

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