Planning function for competitve advantage

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Reference no: EM13114351

The managerial function of planning helps an organization's competitive advantage by (1) identifying opportunities, (2) anticipating problems and (3) developing strategies to take advantage of the opportunities and challenges it encounters.

Identify an organization and provide an example of strategic planning and one example of functional-level planning. What are the differences in decision-makers, risk, cost, timeframe, and profit potential of decisions being made at various levels in the organization (e.g., corporate, business, or functional.

Reference no: EM13114351

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