How strategic planning different than long range planning


Question 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?

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

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

Question 4. What is SWOT?

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Finance Basics: How strategic planning different than long range planning
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