Examlex
After management has identified the key businesses making up its company, what is the next step?
Planning
Planning involves setting goals and determining the most effective course of action to achieve those goals.
Long-term Plans
Strategic roadmaps developed to achieve goals and objectives over an extended period, typically beyond one year.
Short-term Plans
Strategic objectives and actions designed to be implemented and achieved within a brief period, usually less than a year.
Internet Time
A concept indicating the accelerated rate of change and innovation attributed to the widespread adoption and influence of the Internet.
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