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Net Worth Statement
A financial document summarizing the assets and liabilities of an individual or entity, showing the net value.
Operating Objective
A specific, measurable goal that an organization seeks to achieve in its day-to-day operations to meet its strategic aims.
Strategic Management
The ongoing planning, monitoring, analysis, and assessment of all necessities an organization needs to meet its goals and objectives, with a focus on long-term strategic direction.
Strategy Formulation
The process of identifying strategic goals, generating and evaluating strategic options, and selecting the appropriate strategies for implementation.
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