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A Metaphor for the Strategic Planning Process for a Business

Question 118

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A metaphor for the strategic planning process for a business could be a long and winding road where changes are unavoidable despite the best laid plans. In the beginning, management and/or the owners will strive to define the business mission and vision to outline how they plan to achieve this. What is a strategic plan, and what are the components it contains?

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A strategic plan is a comprehensive plan...

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