Discuss a SWOT Matrix? What is it? Discuss how the SWOT relates to strategic planning
Strategic planning is a deliberate and extensive process that associations use to characterize their drawn-out objectives and goals and decide the best ways of accomplishing them. It includes surveying an association's ongoing position, dissecting its inward and outside conditions, and planning procedures and activities intended to direct navigation and asset assignment. The basic role of key arranging is to adjust an association's exercises and assets to its central goal, vision, and values, eventually empowering it to adjust to evolving conditions, quickly take advantage of chances, relieve risks, and make supportable progress over a drawn-out period. In most cases, strategic planning entails drawing up a plan for the organization's future expansion and development as well as clearly stating its goals and priorities.
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