Exam 4: Strategic and Operational Planning

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What are the steps in the strategic planning process?

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A SWOT analysis focuses on those features in a company's environment that most directly affect its options and opportunities.

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Strategic planning is the process of developing a mission and long-range objectives and determining in advance how they will be accomplished.

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Why would a business use a focus strategy rather than try to appeal to all customers?

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Give an example of a policy,a procedure,and a rule from an organization you work for or have worked for.

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