Asked by Taira DeSutter on May 16, 2024
Verified
List the steps (from initial planning to end stages)in strategic planning.
Strategic Planning
The process of defining a company's strategy or direction and making decisions on allocating resources to pursue this strategy, including its capital and people.
- Outline the sequence of actions in strategic planning, starting with the initial stages and leading up to the execution.
Verified Answer
SD
Sydney DeVogtMay 16, 2024
Final Answer :
∙ Establish the mission, vision, and values
∙ Develop objectives
∙ Analyze the external environment
∙ Identify the competitive advantage
∙ Determine the competitive position
∙ Implement the strategy
∙ Evaluate the performance
∙ Develop objectives
∙ Analyze the external environment
∙ Identify the competitive advantage
∙ Determine the competitive position
∙ Implement the strategy
∙ Evaluate the performance
Learning Objectives
- Outline the sequence of actions in strategic planning, starting with the initial stages and leading up to the execution.
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