strategic planning | Accounting homework help

Strategic planning is an organization’s process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy. In order to determine the direction of the organization, it is necessary to understand its current position and the possible avenues through which it can pursue a particular course of action. Describe the components of strategic planning. Explore how the healthcare manager uses the strategic planning process. Use examples to support your position. 

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