A long-term planning tool used for viewing a business and the environments in which it operates in the broadest terms is ______.

A) strategic planning
B) intermediate planning
C) short-term planning
D) strategic alternatives

Strategic Planning

The process of defining an organization's strategy or direction and making decisions on allocating its resources to pursue this strategy.

Intermediate Planning

The process of setting goals and outlining strategies for a middle-range time frame, typically covering 1 to 3 years.

Long-Term Planning

The process of setting goals and outlining strategies for future activities over an extended period, typically beyond five years.