Strategic Planning 5
Strategic Planning 5 : The process of identifying an organization's long-term goals and objectives and then determining the best approach for achieving those goals and objectives. Examples of business analysis techniques used in strategic planning are SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats), PEST analysis (Political, Economic, Social, and Technological analysis) or STEER analysis (Socio-cultural, Technological, Economic, Ecological, and Regulatory factors) and EPISTEL analysis (Environment, Political, Informatic, Social, Technological, Economic and Legal)
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