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# Time and money spent on strategic planning and the use of an outside consultant # Organisations muct say "no" to certain opportunities before they arise, in order to effectively plan and allocate resources

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Advantages and disadvantage of exploratory research design?

Some of the advantages that go along with exploratory research design include flexibility of sources, strategic planning, and better conclusions. Some of the disadvantages that accompany exploratory research design include the fact that it is not usually very useful for the purpose of making decision on their own.


What is market oriented strategic strategic planning?

stategic planning is an approach used by top management in an organisation to move foward in all areas of business or service.


What is the role of mission statement in strategic planning process?

Mission statement is play an important role in strategic planning through this the managers take decisions and can future forecasting.


What are the disadvantages of planning?

The disadvantages of planning include the loss of spontaneity and the potential for disappointment. Often, if plans do not go as expected, you might become upset or angry.


Strategic planning and its relationship to marketing planning?

Strategic planning is the fundamental input to marketing planning. So, the strategic plan must come first (typically it is a component of the marketing plan or the business plan). Once you have a strategic plan in place, then you can put together the details of your marketing tactics. Strategic planning is about matching the strengths of your business to available market opportunities. To do this effectively, you need to collect, screen, and analyze information about the business environment. You also need to have a clear understanding of your business - its strengths and weaknesses - and develop a clear mission, goals, and objectives. Acquiring this understanding can take work, but in many ways it is the process of strategic planning that you go through in creating your business plan that is the most valuable step of all. Joanna Lees Castro Easy-Marketing-Strategies.com

Related Questions

What are some of advantages and Disadvantages of strategic planning?

Some advantages of strategic planning are: it leads to sustainable competitive advantage, improves resource allocation, reduces resistance to change, identifies strategic goals and strategic intent and facilitates communication between managers. Disadvantages include: complex process, low rate of successful implementation and costly to perform for small and medium business.


What are some tools used in strategic planning?

aw


Is Strategic planning is the seed of money?

strategic planning is seed money. discuss


What are the disadvantages of financial planning?

some disadvatages are cool


Explain the Importance of strategic planning in MIS?

what is the importance of strategic planning in mis?


When did Wulf Bernotat work in strategic planning at Shell?

1986-1987, strategic planning


What are the disadvantages of not preparing a strategic plan?

Company will lack in planning for future business.Loose focus on developmentNo supporting data will be available to make quick decissions


Is strategic planning used in education?

Absolutely. In fact strategic planning is done extensively in education. K-12 and higher education both use strategic planning. The links provided offer specific models for IT strategic planning in higher education.


What is the difference between conducting strategic planning and having a strategic mindset?

Conducting strategic planning means that you are planning ways to meet the strategic objectives of your organization. Having a strategic mindset refers to the way you think each day for work and in life.


How to abbreviate the words strategic planning?

how do you abbreviate strategic


What is the relation between strategic planning and project selection?

Strategic planning is the first phase of project selection.


How would you convince your owner for implementing a strategic planning in the organization?

Q: - 1 How would you convince your owner for implementing a strategic planning in the organization?Answer page 7 and 13 To convince our owners we should let upon strategic planning. Strategic planning is the key to helping us collectively and cooperatively gain control of the future and the destiny of our organization. Some firms do not in strategic planning and some firms do strategic planning but receive no support from managers and employee like this cause which you mention. There are many reasons which officers dislike strategic planning for example.In this assignment you mention 2 reasons like CEO this strategic planning is totally waste of time and too expensive to implement.Some firms see planning as a waste of time since no marketable product is produce. Time spent on planning is an investment.Q: - 2 Being a marketing manager, you need to identify the external force that has a major impact on your organization. Support your answer with expert opinions?Answer.Page 28 and 36