FIN 370 WK 2 - DQ 1 & DQ 2
How would you define strategic planning? What are the differences between strategic and financial planning? What financial problems might an organization encounter when implementing their strategic plan?
Strategic planning is when an organization has a vision about its future and the strategic method that the company uses to make that vision to become real or practical for this the company has to work hard as an on-going process as it is longer term perspective. The strategic planning is the process of determining the long term goals and then defining the best possible approach whi