Explain in your own a strategic planning
Business/Management
ScanSolve AI Answer
Strategic planning is a process where an organization defines its strategy or direction, and makes decisions on allocating its resources to pursue this strategy. It involves setting goals, analyzing the competitive environment, and determining how to achieve those goals. This typically includes defining a vision (where the organization wants to be), a mission (its purpose), and objectives (specific, measurable targets).
Was this helpful?
Still stuck on this one?
Ask a follow-up, and the answer starts from this question.
Got a different question?Ask your own question
More Business/Management Questions
QWith reference to legislation, describe the process derived from strategic planQWith reference to legislation, explain how executives authority of any department of government…QA strategic ploy is a clever plan or action designed to achieve a particular long-term goal or…QDescribe the steps to a good strategic plan and list and explain six types of plans for a healthcare…QDevelop a personal strategic plan that will assist you to select a feasible and viable new venture.