Examlex
"Every economy is based on 'planning' of one sort or another." Interpret and explain.
Peter Drucker
A renowned management consultant, educator, and author, considered the founder of modern management.
Organisational Strategy
A plan of action designed to achieve a long-term or overall aim within an organization.
Macroenvironment
The external and uncontrollable factors that influence an organization's decision making, and affect its performance and strategies.
SWOT Analysis
A strategic planning tool used to identify a company's Strengths, Weaknesses, Opportunities, and Threats.
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