________ is the managerial decision process that matches the organization's resources and capabilities to its market opportunities for long-term growth.

A) Operational planning
B) Strategic planning
C) Portfolio analysis
D) SWOT analysis

Strategic planning is the process of making decisions about the organization's long-term direction and allocating resources to pursue this direction. It involves analyzing the organization's strengths and weaknesses, as well as external opportunities and threats, and then developing a roadmap for achieving long-term growth and success. Operational planning, portfolio analysis, and SWOT analysis are all important components of strategic planning, but do not represent the full process of strategic planning on their own.