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Purpose of Strategic Planning

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What is strategic planning? What is the purpose of strategic planning? Why is it necessary? What are the components of a strategic plan? Which component is the most important? Why?

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The solution discusses the purpose of strategic planning

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What is strategic planning?
Strategic planning is a tool that companies use to properly define and review its internal and external objectives.

What is the purpose of strategic planning?
To evaluate the ...

Solution provided by:
Jo Ann Prevetti, MBA, PhD (IP)
Education
  • Master of Business Administration, University of Phoenix
  • Bachelor of Science in Paralegal Studies, Kaplan College
  • Business Diploma, Katharine Gibbs Business College for Women
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