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What is the difference between corporate planning and tax planning?
Corporate planning is planning made for your business while tax planning is minimizing the taxes you pay in a legal manner
Difference between strategic financial management and financial management?
The difference between strategic financial management and financial management lies in their focus and scope. Financial management primarily involves managing an organization's day-to-day finances, such as budgeting, accounting, and cash flow management. Strategic financial management, on the other hand, focuses on long-term financial planning aligned with the organization’s goals and objectives. It involves making decisions that not only improve current financial performance but also ensure the organization's future financial stability and growth. For expert insights on strategic management concepts, visit PMTrainingSchool .Com (PM training).
Difference between the tax planning and tax avoidance?
Tax planning is legal while tax avoidance will get you into a lot of trouble
What are differences between strategic management and strategic management accounting?
Strategic management uses strategy, including strategic thinking to make all decisions, often through the lens of a strategic plan. Strategic management accounting is strict focused on fiscally related decisions, also as aligned with the organization's strategic direction.
What is the difference between internal and external reports?
Internal reports are generated for use within an organization, focusing on data and insights that aid in decision-making, performance evaluation, and strategic planning among employees and management. In contrast, external reports are designed for stakeholders outside the organization, such as investors, regulators, and the public, providing information on financial performance, compliance, and operational activities. The primary difference lies in their audience and purpose, with internal reports emphasizing operational efficiency and external reports promoting transparency and accountability.
Difference between corporate planning and strategic planning?
Strategic planning is also known as business planning. This is the plan that the corporation comes up with, and the goals they would like to meet. Corporate planning refers to the strategies that will be followed by employees to help meet the corporation's goals.
What is the difference between strategic planning and operational planning?
The difference between strategic planning and operational planning lies in their focus and timeframe. Strategic planning is long-term and focuses on setting overall goals and direction for an organization, aligning with its mission and vision. It outlines where the organization wants to go in the future. Operational planning, on the other hand, is short-term and focuses on the day-to-day activities needed to achieve the strategic goals. It details specific actions, timelines, and resources required for execution. To learn more about these essential planning processes, visit PMTrainingSchool .Com (PM training).
What is the difference between strategic planning and tactical planning?
Strategic planning is about setting long-term goals and determining how to achieve them. Tactical planning is about breaking down those long-term goals into smaller, more manageable tasks that can be completed in the short term.
What is the difference between planning and strategic planning?
The difference between planning and strategic planning lies in their scope and focus. Planning refers to the process of outlining specific steps and tasks needed to achieve short-term goals, focusing on day-to-day operations. Strategic planning, on the other hand, is a long-term, high-level process that defines an organization's overall direction, setting priorities, and aligning resources with its vision. Strategic planning focuses on broader, future-oriented goals, while regular planning is more immediate and tactical. For more insights into effective planning techniques, visit PMTrainingSchool .Com (PM training).
What is the relation between strategic planning and project selection?
Strategic planning is the first phase of project selection.
Explain the difference between strategic planning and strategic intent?
The difference between strategic planning and strategic intent lies in their focus and scope. Strategic planning involves a structured process of defining an organization's goals, outlining steps, and allocating resources to achieve those goals over a set period. It’s more detailed and tactical. On the other hand, strategic intent refers to the broader vision or long-term aspiration that drives the organization’s actions, focusing on the desired future state. While strategic planning is the roadmap, strategic intent is the destination. For more insights into these concepts, visit PMTrainingSchool .Com (PM training).
Difference between manpower planning and workforce planning?
There is absolutely no difference between manpower planning and workforce planning.
What is the difference between linear and dynamic strategic planning?
The difference between linear and dynamic strategic planning lies in their approach to change and adaptability. Linear strategic planning follows a fixed, step-by-step process with clear objectives and a rigid timeline, making it suitable for stable environments. In contrast, dynamic strategic planning is flexible and iterative, allowing for continuous adjustments based on real-time feedback and changing conditions. Dynamic planning is more effective in uncertain or rapidly changing environments. To learn more about these planning approaches and how to apply them, visit PMTrainingSchool .Com (PM training).
What is diplomatic planning?
diplomatic planning is a plan that of or having to do with the management of relations between nations or with the people conducting such relations:diplomatic immunity.diplomatic planning is a plan that of or having to do with the management of relations between nations or with the people conducting such relations:diplomatic immunity.
When a firm develops and maintains a strategic fit between its goals and capabilities it is performing?
strategic planning
What is difference between planning and organizing?
Differentiate between planning and organizing
Is there a difference between strategic thinking and strategic planning?
In the view of F. Graetz, strategic thinking and planning are "distinct, but interrelated and complementary thought processes" that must sustain and support one another for effective strategic management. Graetz's model holds that the role of strategic thinking is "to seek innovation and imagine new and very different futures that may lead the company to redefine its core strategies and even its industry". Strategic planning's role is "to realize and to support strategies developed through the strategic thinking process and to integrate these back into the business".[3] According to J. M. Liedtka, strategic thinking differs from strategic planning along the following dimensions of strategic management:[8]
