Answered

Expand your knowledge base with the help of IDNLearn.com's extensive answer archive. Our experts are available to provide in-depth and trustworthy answers to any questions you may have.

the key reasons that an organization should adopt planning and strategic management are to:

Sagot :

Tundexiidn

Let understand that Strategic planning is the approach used to for process of documenting and establishing the direction of the organisation goals and objectives.

  • Strategic planning creates an organization vision, mission and priorities etc

  • Let understand that "Strategic management" refers to the overall process of strategic planning to implementation and executing of other plan.

The key reason for adopting these plan are:

  • Gives direction and momentum: The plans gives an organization direction on how to operate.
  • Encouragement of new ideas: The plans helps to encourage new ideas because the business new to expand.
  • Its gives Sustainable competitive advantage.

Learn more about this here

brainly.com/question/4564918

We value your presence here. Keep sharing knowledge and helping others find the answers they need. This community is the perfect place to learn together. Your questions find answers at IDNLearn.com. Thanks for visiting, and come back for more accurate and reliable solutions.