How long to carry out a strategic plan
Question: Experts are torn on how long to carry out a strategic plan; some suggest 5 years, others suggest 3 years. Which length of time you believe to be more beneficial to the organization and what would be the pros and cons of your decision?
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Experts are torn on how long to carry out a strategic plan; some suggest 5 years, others suggest 3 years.
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Discuss the role of strategic planning in the budgeting process. How does it differ from short-term planning?
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