The strategic management procedure for a small business should include the following features.

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All of the above options are important features for the strategic management procedure for a small business. Using a relatively short planning horizon allows for flexibility and adaptability to changes in the market. Encouraging the participation of employees can lead to innovative ideas and increased buy-in from the team. And keeping the process informal and not overly structured can help to promote a culture of creativity and flexibility.

The Strategic Management Procedure for a Small Business Should Include