Strategic Planning
Strategic Planning
Introduction
In today’s competitive and dynamic environment it is quite essential for businesses to adopt coherent business strategies and planning tools to get the most reliable, useful, timely, accurate, and relevant information. Such information provides with the opportunity to improve strategic decision-making and enjoy competitive advantage over competitors. Businesses that have such intentions always believe in having effective strategic plan, which is defined as the course of actions to accomplish various broad objectives of an organization. Strategic plan is made at the corporate level of hierarchy in any organization where many important decisions such as objectives of ...