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Explain the Formal Strategic Planning Process

question 81

Essay

Explain the formal strategic planning process. Name each step in the process and describe the specific activities included in each step and the relationship between the steps.


Definitions:

United States

A country located in North America, known for its large economy and diverse population.

Price

The payment sum forecasted, compelled, or allocated for a specific transaction.

Import

The act of bringing goods or services into a country from abroad for the purpose of trade or sale.

CD-Rom Drives

Devices used to read data stored on CD-ROMs, which were widely utilized for software, media, and data storage in the late 20th and early 21st centuries.

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