____ is a process that helps managers identify desired outcomes and formulate feasible plans to achieve their objectives by using available resources and capabilities.

Question

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Strategic planning is a process where managers identify and define desired outcomes and formulate feasible plans to achieve their objectives by using available resources and capabilities. This process helps organizations to stay focused on their long-term goals and make informed decisions to adapt to changing circumstances. Business planning focuses on the overall operations of the business, while strategic marketing involves developing a plan for positioning and promoting a product or service to target customers. Business marketing, on the other hand, is a specialized function within marketing that focuses on selling products and services to other businesses.

____ Is a Process That Helps Managers Identify Desired Outcomes