Strategic planning is MCQ with answers. This post covers top 20 important Multiple choice questions related to statement “strategic planning is…”. These questions are useful for MBA, BBA, B Com, M Com, UGC NET, SET, UPSC and other competitive and entrance exams.
Strategic planning is also called as _______
A. Tactical planning
B. Short term planning
C. Long term planning
D. Business policy
View Answer
C. Long term planning
Strategic planning is _________ exercise.
A. nothing but a step by step
B. more than a step-by-step
C. short term tactical business management
D. non essential and avoidable
View Answer
B. more than a step-by-step
Strategic planning is done by which level of management?
A. floor level management
B. middle level management
C. top level management
D. both A & B
View Answer
C. top level management
Strategic planning is formalization of planning where plans are made for ______ periods
A. indefinite
B. medium
C. short
D. long
View Answer
D. long
Strategic planning is done by _________
A. high level of management
B. middle level management
C. low level of management
D. floor level of management
View Answer
A. high level of management
Strategic planning as a broad concept consists of _______
A. micro and macro environmental analysis
B. inputs as well as outputs
C. business & corporate strategy
D. strategy formulation and strategy implementation
View Answer
D. strategy formulation and strategy implementation
Another name for strategic planning is _______
A. business myopia
B. short term planning
C. long term planning
D. tactical business policy
View Answer
C. long term planning
Strategic planning is done by _________
A. senior managers
B. middle managers
C. top managers
D. owners only
View Answer
C. top managers
Strategic planning is based on ______ environmental scanning
A. external
B. extensive
C. selective
D. short term
View Answer
B. extensive
Strategic planning is a _______ process.
A. short term
B. one time
C. continuous
D. discrete
View Answer
C. continuous