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    Strategic Plan and Financial Policy

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    Explain the inherent differences between a company's strategic plan and the financial policy of that same company. Be sure to include the following in your discussion:

    -Purpose of the strategic plan
    -Scope and objectives of the strategic plan
    -Operating plans
    -Steps of the financial planning process
    -Sales forecasts
    -Forecasting

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    https://brainmass.com/business/strategic-planning/strategic-plan-financial-policy-511581

    Solution Preview

    A company's strategic plan is a guideline which states the organization's plan for its future and develops the necessary procedures and operations to achieve that future. The strategic plan includes the mission statement, which is a brief description of the company's intended purpose, and the vision statement, which states what a company wishes to achieve in the long-term. The purpose of strategic planning is to set priorities, focus ...

    Solution Summary

    The expert explains the inherent differences between a company's strategic plan and the financial policy of that same company. The solution contains 265 words of text.

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