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Strategic Planning
A process for defining a company's direction and making decisions on allocating its resources to pursue this strategy, including its capital and people.
Operational Planning
The process of planning short-term actions and strategies to achieve goals and objectives set by strategic planning.
Budgeting
The process of creating a plan to spend your money, allowing an individual or organization to determine in advance whether they can afford the necessary expenditures.
Strategic Plans
Strategic plans are comprehensive outlines detailing an organization's goals, priorities, and actions designed to achieve long-term objectives.
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