The correct answers are: Preparation of the corporate plan; Assessment of the expectations of the organisation.

Preparation of the corporate plan and assessment of the expectations of the organisation form part of the long-term strategy planning of an organisation.

Long term strategy planning begins with an assessment of the organisation, its expectations, the external environment and its future. Its objectives are then evaluated, and ways of achieving them are considered. The long term planning culminates with the preparation of the corporate plan. Production planning, resource planning and detailed operational plans are part of the short term planning process.