Correct option is B
The correct answer is (b).
Introduction
Strategic planning is a fundamental principle of sports management, involving goal setting, resource allocation, and long‑term direction. Other options reflect poor management practices.
Information Booster
- Strategic planning sets vision and objectives.
- It includes environmental analysis and strategy formulation.
- Risk management, stakeholder engagement, and budgeting are also key.
- Ignoring them is not a principle.
- Option A: ignoring risk is poor.
- Option C: avoiding stakeholders is poor.
- Option D: eliminating budgeting is poor.
Strategic planning in sports organisations often involves SWOT analysis (Strengths, Weaknesses, Opportunities, Threats).