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Stage 2 in the Strategy-Formulation Framework Involves the Quantitative Strategic

question 16

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Stage 2 in the strategy-formulation framework involves the Quantitative Strategic Planning Matrix.


Definitions:

GDP

Gross Domestic Product, the total market value of all final goods and services produced within a country's borders in a given time period.

Exports

Goods or services sent from one country to another for sale or exchange.

Imports

Goods and services that are brought into one country from another for sale.

Net Exports

The difference between a country's total exports of goods and services and its total imports, reflecting the trade balance.

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