Question: 7. Strategic planning is a process that: A) helps an organization allocate its resources to capitalize on opportunities in the marketplace. B) has short-term goals.

7. Strategic planning is a process that:

A) helps an organization allocate its resources to capitalize on opportunities in the marketplace.

B) has short-term goals.

C) creates unchangeable plans.

D) allows each department to create plans that benefit them the most.

E) helps an organization allocate macro-environmental factors that impact consumers.

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