Mastering Strategic Planning

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Which of the following best describes strategic planning?

The process of evaluating an enterprise's environment and internal strengths

What is the main goal of the Marks and Spencer Plan A?

To make the company more environmentally friendly

What is one of the key areas of focus in the Marks and Spencer Plan A?

Waste & Circular Economy

Why did Marks and Spencer switch from using plastic milk bottles to glass bottles?

Glass is easier to recycle than Plastic

Why do companies undertake strategic planning?

To define their goals and assess their environment

Test your knowledge on strategic planning and understand the importance of this process in defining goals, assessing the environment, and allocating resources for a successful business.

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