Examlex
What elements does a business plan encompass
Situational Analysis
Situational analysis refers to the process of evaluating the current state of a situation or environment to make informed decisions.
Weaknesses
Areas of lack or deficiency that may hinder achievement or performance.
Strengths
The inherent capacities or talents that individuals or organizations can leverage to achieve their goals effectively.
Farsighted Organizations
Institutions or groups capable of anticipating future trends, challenges, and opportunities in their strategic planning.
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