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List and Briefly Describe the Two Types of Planning Addressed

question 3

Essay

List and briefly describe the two types of planning addressed at the strategic level of the organization.


Definitions:

Supply

The total amount of a specific good or service that is available to consumers, often influenced by price, production capabilities, and other market factors.

Leather

A durable and flexible material created by tanning animal rawhide and skins.

Supply

The total amount of a product or service that is available for purchase at any given time.

Demand

The amount of a product or service buyers are prepared and capable of buying at a specific price.

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