What are advantages and disadvantages of strategic planning


Problem

1) Certain companies like Apple, Southwest Airlines, and Amazon seem to be able to maintain a strong competitive advantage within their respective industries. How are they able to do so? What do they need to do to sustain their competitive advantage?

2) What are the advantages and disadvantages of strategic planning?

3) What is the purpose of business? Complete the following statement with the first word that comes to your mind: "Medicine is to health, as Law is to justice, as Business is to." What did you say/write? Why? What does that mean?

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Business Management: What are advantages and disadvantages of strategic planning
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