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How is strategic planning differ than long range planning

Problem 1. Why should a business visualize long range goals and create a long range plan, instead of simply working through one annual plan and budget at a time?

Problem 2. Will a business need to make important financial decisions or commitments today that have long range consequences?

Problem 3. How is a strategic planning different than long range planning?

Problem 4. What is SWOT?

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Finance Basics: How is strategic planning differ than long range planning

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