Asked by Sharath Rajendran on Jun 14, 2024

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Which of the following encompasses the three tiers of strategic planning,from beginning to end?

A) Product level,promotion level,and distribution areas.
B) Business level,functional areas,and corporate level.
C) Promotion level,distribution areas,and product level.
D) Corporate level,business level,and functional areas.
E) Distribution areas,product level,and promotion level.

Strategic Planning

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

Corporate Level

concerns strategies and decisions made at the highest level of a company affecting its overall direction and encompassing all its business units.

Business Level

Refers to the strategies and activities of businesses aimed at achieving competitive advantage in a specific market or industry.

  • Identify the distinct phases in strategic planning, which include analyzing the current situation, establishing goals, and executing the strategy.
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Becky NchotuJun 21, 2024
Final Answer :
D
Explanation :
The three tiers of strategic planning are corporate level, business level, and functional areas. Option D correctly identifies these three tiers. Option A, C, and E do not include the correct tiers of strategic planning.