The process of determining how to pursue the organization's long-term goals with the resources expected to be available refers to

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Strategic planning is the process of setting long-term goals and objectives for an organization and determining the most effective ways to allocate resources to achieve them. It involves analyzing the internal and external environment, identifying strengths and weaknesses, and developing strategies to capitalize on opportunities and overcome threats. Strategic management is the ongoing process of implementing and adjusting those strategies over time. Synergy refers to the idea that the whole is greater than the sum of its parts and can result from effective collaboration and integration of different functions within an organization. Reengineering involves redesigning and restructuring business processes to improve efficiency and effectiveness. Profiling refers to creating a detailed description or analysis of a particular type of customer, market segment, or other entity.

The Process of Determining How to Pursue the Organization's Long-Term