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Mark expected that he was going to have to deal with a middle-aged man in a loud sport coat,and he was surprised when salesperson Melanie approached.He inferred that he would not have to be so tough negotiating with a woman of his own age.Almost immediately,Melanie laughed at his low-bid offer for a silver 1987 Camaro.In the sales interaction,they had quickly reached a tacit agreement about the way each would behave during the sale,a process called:
Strategic Planning
The process of defining a business's strategy or direction and making decisions on allocating its resources to pursue this strategy.
Long-Range Planning
The process of setting goals and determining strategies for achieving those goals over a long-term period.
Core Competencies
The unique strengths or strategic advantages of an organization, stemming from the combination of its resources and capabilities, that differentiate it from competitors.
Effective Planning
Effective Planning involves setting goals, developing strategies, and outlining tasks and schedules to achieve specific objectives in the most efficient way possible.
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