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Assessment
What is the primary goal of strategic planning?
To develop a tactical approach to immediate problems
To define the long-term direction and goals of an organization
To manage day-to-day operational tasks
To create a budget for the upcoming fiscal year
Which of the following is a key component of a strategic plan?
Annual financial review
Mission and vision statements
Employee performance evaluations
Daily task lists
Why is it important to involve stakeholders in the strategic planning process?
They can approve the final plan.
They help provide diverse perspectives and insights.
They manage the implementation of the plan entirely.
They only need to be informed after the plan is made.
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