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Whenever productive resources are used to make capital goods
Planning
The process of defining goals, establishing strategies for achieving those goals, and developing plans to integrate and coordinate activities.
Business Plan
A strategic blueprint that outlines a company's vision, goals, target market, financial projections, and operational plans.
Business Success
The achievement of desired financial and operational goals in a business, often marked by profits, growth, and market share.
Planning
The act of defining a strategy or direction and making decisions on allocating resources to pursue this strategy.
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