What is meant by strategic planning? Discuss the five (5) steps in the strategic planning process.
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What is meant by strategic planning? Discuss the five (5) steps in the strategic planning process.
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- How does the process of strategic planning differ from operational planning, and why is it important for organizations to engage in both?What are the key components of an effective strategic planning process, and how do they contribute to the overall success of an organization?Define the strategic planning process.