Strategic planning
Briefly describe strategic planning EPISTEL (Environment, Political, Informatic, Social, Technological, Economic and Legal) and provide a link or reference for most information. How is strategy different/same as tactics?
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Strategic planning can be defined as the process used by organizations to define its strategies. For instance, it is used to allocate resources and make decisions on how to pursue its goals and objectives. It is mainly used to answer organizations questions regarding their current position in the market and how they would like to be performing after a given period, and what …
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