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Explain Why Companies Should Engage in Both Annual Planning and Strategic

question 46

Essay

Explain why companies should engage in both annual planning and strategic planning.


Definitions:

Whistleblowers

Individuals who expose illegal, unethical, or improper practices within an organization, often at personal risk.

Diehards

Individuals who are strongly resistant to change or who hold firm to a particular belief or position.

Activists

Individuals committed to driving change within society through various forms of advocacy and action.

Customer Preferences

Refers to the likes, dislikes, desires, and needs that guide consumer decisions.

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