Planning for the following 3 to 5 years is known as
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Tactical planning
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Operational planning
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Strategic planning
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Goal setting
C
Correct answer
Explanation
Strategic planning is long-term planning, typically looking 3 to 5 years into the future to define the organization's direction and allocate resources. Operational planning is short-term, while tactical planning is medium-term. Therefore, planning for a 3 to 5-year horizon falls under strategic planning.