What Is Strategic Planning? in Most Organizations,who Is Responsible for Strategic

question 8

Essay

What is strategic planning? In most organizations,who is responsible for strategic planning?

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Definitions:

Wholesale Distributor

A business entity that purchases goods in large quantities from manufacturers and sells them in smaller quantities to retailers or other distributors.

Territorial Restriction

A limit imposed on the area or region where a product or service can be sold or provided.

Price-Cutting

The practice of reducing prices, often below the normal value, to attract customers or undermine competitors.

Direct Competition

The scenario where businesses offer the same or similar products or services to the same customer base, competing directly for market share.