Consider the following three decisions that an organization could be faced with:

I. Deciding whether a particular shipment should be sent by air freight, or over-the-ground trucking.
II. Deciding between Singapore, London or Buffalo as the location for the construction of a new manufacturing facility.
III. Deciding which of five different branch offices should serve an important new account.

Which of these three decisions would be considered ‘strategic’ planning?

The correct answer is II. Deciding between Singapore, London or Buffalo as the location for the construction of a new manufacturing facility.

Explanation:

Strategic Planning is a management tool that allows you to establish the task and the path that organizations must travel to achieve the planned goals, taking into account the changes and demands that their environment imposes. In this sense, it is a fundamental tool for decision making within any organization. Thus, Strategic Planning is an exercise in the formulation and establishment of objectives and, especially, in the action plans that will lead to achieving these objectives.

i guess you could put raise the economic balance