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The Strategic Planning Process: Definition, Importance, and Application in Organizational Strategy

This paper defines strategic planning, discusses its importance, and provides applications for organizational strategy development.

Claire Mitchell
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The Strategic Planning Process: Definition, Importance, and Application inOrganizational StrategyIn your own words, define strategic planning and explain its importance for an organization'slong-term success. How does strategic planning differfrom strategic management in terms oftheir roles within an organization? Additionally, based on your personal or professionalexperience, how might your organization’s strategy impact its business model? Be sure toincorporate specific examples to support your explanation. (Word count: 300-400 words)

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Business Management

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