The process by which an organization determines where it is going in the future, how it will get there, and how it will assess whether and to what extent it has achieved its goals is known as?

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29-07-2022
Business

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The process by which an organization determines where it is going in the future, how it will get there, and how it will assess whether and to what extent it has achieved its goals is known as?

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Parrain Parrain · Answer 1 · 2022-08-05T18:07:26+02:00

When a company determines its direction in future, how it will get there, and the extent to which it achieved its goals, this is Strategic planning.

What is strategic planning?

This refers to anything that has to do with company activities relating to their future goals and plans.

It therefore includes formulating goals and plans as well as figuring out how to reach those goals and finally, how to evaluate their success.

Find out more on strategic planning at https://brainly.com/question/24864915

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