The process of ______ provides an overview of a business and all the factors that may affect it in the next three to five years.

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

Strategic Planning

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

Short-Term Planning

The process of organizing immediate goals and objectives, usually spanning a period of less than one year.

Intermediate Planning

The process of setting goals and outlining strategies for the medium term, bridging the gap between day-to-day operations and long-term objectives.