Describe the three steps of planning

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1. Describe (in your own words) the three steps of planning. Provide examples. Explain how the steps are related.

2. How can scenario planning help managers predict in the future? In addition, walk through an example or hypothetical situation.

3. What is the relationship among corporate-, business-, and functional-level strategies? How do they create value for an organization?

4. What's the difference between vertical integration and related diversification? Provide an example of each, not from your text or other materials.

Reference no: EM133152441

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