Answer:
Option C
Explanation:
In simple words, The cycle of strategic planning is the practice whereby an entity determines its approach and maintains that the established strategy is a fact instead of an imaginary list of wishes. It includes not only designing a method but also preparing how to implement it and responding to unforeseen events.
A comparison can be drawn among "anticipated strategy" (the expected approach that is decided by a structured tactical thinking process) and "emerging strategy" (the tactic that spontaneously emerges when a company reacts to adjustments in its social environment).
Thus, from the above we can conclude that the correct option is C.