Strategic planning has a minimal impact on a firm's destiny because it provides only short-term direction for decision makers.

Name: Strategic planning has a minimal impact on a firm's destiny because it provides only short-term direction for decision makers.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Strategic planning is crucial for shaping a firm's destiny as it involves long-term goal setting and the development of plans to achieve these goals, thereby providing direction and a framework for decision-making over an extended period.

Strategic Planning Has a Minimal Impact on a Firm's Destiny