Explain how company's approach to planing and it's mission can be translated into action plans
Explain how company's approach to planing and it's mission can be translated into action plans
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Explain how company's approach to planing and it's mission can be translated into action plans
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Step 1
Planning: Planning refers to the process which helps in bridging the gap between the point the company is standing at and the desired destination. Planning is a forward-looking function, which helps in formulating the plans of business that helps in achieving the objectives of the business.
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