Q3-c1-P
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Questions and Answers

Who is responsible for tactical planning within an organization?

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What does operational planning primarily focus on?

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Why is strategic management important for organizations?

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What is a risk associated with poor planning?

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How does effective planning contribute to gaining a competitive advantage?

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What is the main purpose of a business plan?

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What does strategic management involve?

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How does a plan differ from a strategy?

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Which statement best reflects the relationship between strategy and business success?

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What is the primary focus of incorporating innovation into the planning process?

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How can an organization gain a competitive advantage through differentiation?

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What role does innovation play in maintaining a sustainable competitive advantage?

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