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From 1948 to 1980, the S&P 500 stock price index remained relatively stable.
Strategic Planning
The process by which an organization defines its strategy, or direction, and makes decisions on allocating its resources to pursue this strategy.
Tactical Planning
Short-term, detailed planning that supports strategic decisions, focusing on current operations and immediate actions.
Vision
A clear and inspirational long-term desired change resulting from an organization or individual's work.
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