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1 May, 00:57

In large organizations, planning usually takes place at three levels of management. discuss the three levels and steps in the planning and strategy-making process. be sure to consider how they are linked with each other. provide an example that supports your conclusions from current events ...

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  1. 1 May, 01:12
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    The three levels of planning is the corporate, business and functional planning

    .3 Levels:

    1. Corporate level strategy illustrates decisions that affect an entire company. It specifies whichindustry an organization should compete and why?

    2. Business level strategy specifies the methods or tactics a business or organization will use togain a competitive advantage over their competition.

    3. Function level strategy is the action plan of how each division within a company willpositively add to increase the productivity of goods and services.

    3 steps in planning process:

    1. Determining the Organization’s Mission and Goals - Throughan analysis of information gathered during environmentalanalysis, managers can determine the direction in which anorganization should move. 2. Formulating Strategy (TacticalPlan) - Analyze the current situation and develop strategies. Strategy formulation requires a series of steps performed insequential order. The steps must be taken in order because they build upon one another. 3. Implementing Strategy
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