Managemen:- How can organizations ensure that their plans are aligned with their core values and strategic direction?
Managemen:- How can organizations ensure that their plans are aligned with their core values and strategic direction?
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Problem 1CE
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Managemen:-
How can organizations ensure that their plans are aligned with their core values and strategic direction?
Expert Solution
Step 1: Define organization plan
An organizational plan, frequently appertained to as a strategic plan or business plan, is a comprehensive document that outlines an association's pretensions, objects, strategies, and action way to achieve its asked issues. This plan serves as a roadmap for the organization, guiding its conduct and decision- making processes over a specific period, generally ranging from one to five times or longer.
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