Examlex
The purchasing power parity theory helps explain long-run trends in exchange rates, but not short-run fluctuations.
Discarded Strategy
A strategic plan or action that has been abandoned or no longer pursued by an organization.
Changing Circumstances
Refers to the alteration or evolution of conditions or situations which may impact decisions, actions, or outcomes.
Strategic Planning Process
A systematic approach used by organizations to envision a desired future and translate this vision into broadly defined goals or objectives and a sequence of steps to achieve them.
Dynamic
Characteristic of processes or systems that are constantly changing or evolving, often requiring adaptive strategies or responses.
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