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Essay text:
Planning is an activity that is driven and monitored by all levels of management at different stages.
A strategy is a pattern of actions and resource allocations designed to achieve the goals of the organization. Strategic goals are major targets or end results that relate to the long term survival, value, and growth of the organization. Therefore, strategic planning is about making decisions about actions and resource allocations for long-term goals relating to the success and survival of the corporation.
Levels of Management
In the past, senior executives and a committee of specialized planning units made all these decisions...
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