Identify the type of planning used to develop multiple-year plans based on a situational analysis, competitive assessments, and external factors of the organization.

a. Strategic planning
b. Operational planning
c. Contingency planning
d. Functional planning

a. Strategic planning    

Explanation:

Strategic planning -

It refers to the method of decision making by assigning the resources in order to make the strategy, is referred to as strategic planning.

The method involves the use of various resources and capabilities to make the plan and accomplish the objective.

These planning are made on the basis of years depending on the  competitive assessments, situational analysis, and all external factors and evaluating the strategic options.

Hence, from the given question,

The correct answer is a. Strategic planning.

answer; comparing the additional benefits and costs;

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.